MTN Ghana, a leading telecommunication company in Ghana, has announced its intention to pay a final dividend of GH¢0.124 per share for its shareholders for the year ended 31 December 2022.
The decision was made at a board meeting on February 27 this year, but it is subject to approval at its Annual General Meeting (AGM) which will take place today.
According to a release from the Ghana Stock Exchange (GSE), eligible shareholders can choose to receive their final dividend either in cash or in new ordinary shares.
“The minimum requirement to qualify for the scrip dividend or new ordinary shares is an entitlement to a gross final dividend equivalent to a one hundred new ordinary shares (GH¢129.35 or more) and subsequently an equivalent in blocks of 10 shares (incremental of GH¢12.93 per block).
No fractional new ordinary shares will be issued,” the release explained.
