Dividend refers to a reward, cash or otherwise, that a company gives to its shareholders. Dividends can be issued in various forms, such as cash payment, stocks or any other form. A company’s dividend is decided by its board of directors and it requires the shareholders’ approval. A dividend is usually a part of the profit that the company shares with its shareholders.
She pointed out that, “NASCON aligns with the Dangote Group’s 7 Sustainability Pillars , which outline how we would run a purpose driven business that pays close attention to the triple-bottom-line issues of people, planet and profit. Ayeni noted further that, “in the year under review, we redefined our commitment to international best practices as we prioritized the United Nations Sustainable Development Goals that align most with our business goals and sustainability objectives.
“As we progress in our sustainability journey, we will ensure continual improvement in health and safety, community engagement and social investments, as our way of building a sustainable brand.” Acting managing director of NASCON, Thabo Mabe said, despite the diverse challenges faced in 2021, the company will continue to demonstrate its resilience and optimism in 2022.
Mrs. Bisi Bakare, a shareholder, said the performance reflects the ability of the management of NASCON to steer the company through difficult times especially in the face of lack of power, fluctuating exchange regime and dwindling purchasing power of consumers.
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