Oando posts N4.6bn profit in Q1 2019, optimistic of dividend payment vanguardngr.com vanguardnews
Tinubu said in a statement in Lagos that the company which declared a profit after tax of N4.6 billion for the first quarter ended March 31, 2019 would likely pay dividend in the current financial year if all indices remained in its favour.
“If all indices remain in the company’s favor, the company would be well on its way to ending 2019 on a positively high note and possibly paying shareholders long awaited dividends,” Tinubu said. “The current stability in oil pricing has also tilted in the favor of the Nigerian economy as the government predicted a $60 per barrel price in the 2019 budgethe, ” he said.
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