Julius Berger Nigeria Plc has declared a total gross dividend payout of N5.2 billion, amounting to N3.25 per 50 kobo ordinary share, to its shareholders.
This decision was made during the company’s 55th Annual General Meeting (AGM), where shareholders demonstrated their support by overwhelmingly passing all the board’s resolutions.
Shareholders approved all board resolutions, including dividend approval, appointment of new executive directors, and re-election of existing directors.
Despite challenges like inflation, currency devaluation, and high lending rates, Julius Berger remains committed to efficiency, strategic partnerships, and innovation.
The company is confident in its ability to navigate challenges and maintain industry leadership, prioritizing sustainable operations aligned with global standards.
Persistent inflation, currency devaluation, high lending rates, and escalating construction costs.
However, the company remains resilient and committed to delivering on its commitments, with a focus on excellence, innovation, and sustainability.
The Managing Director, Dr. Peer Lubasch, noted that since assuming office, the company has successfully navigated the headwinds in its line of business.
