TotalEnergies Marketing Nigeria Plc has paid N13.58billion dividend following the approval of its shareholders at the 47th Annual General Meeting (AGM) in Lagos.
The shareholders also demanded for bonus shares from the company, citing the company’s strong financial performance over nearly two decades. The shareholders got a N40 per share dividend for 2024 totalling N13.58 billion which represent 60 percent increase from N25 in 2023.
Sunny Nwosu, leader of the Independent Shareholders Association of Nigeria (ISAN), praised the dividend but questioned the absence of bonus shares since 2004.