On the Ghana Stock Exchange (GSE,) year to date market performance has largely been influenced by 2016FY earnings report of listed companies; however the next few sessions of stock market activities will be equally influenced by the declaration and payments of dividends for the 2016FY period. Societe General Ghana [SOGEGH] recently announced final dividend figure … Read more
Oil giant Tullow has announced it will not be paying its shareholders dividends. According to Tullow, it took the decision following current financial constraints it is facing. Tullow which is listed on three stock exchanges including the Ghana Stock Exchange, in its 2016 financial report recorded a drop in its profits as compared to the … Read more
SIC Insurance Company Limited has presented a cheque of GHC1,674,721.20 to Government of Ghana as a dividend for the year ending 2015. The amount represents 40% of total dividend payout to shareholders of the Company. Receiving the cheque on behalf of the government, Deputy Minister of Finance, Cassiel Ato Forson, congratulated SIC Insurance for the … Read more
New York Stock Exchange-listed Newmont Mining Corporation has announced that its Board of Directors have declared a quarterly dividend of $0.025 per share of common stock, payable on September 29, 2016. Newmont’s gold price-linked dividend policy includes a quarterly dividend payable based on the average LBMA P.M. Gold Price for the preceding quarter (Gold Price). … Read more