Over the past two months, a number of listed companies on the Ghana Stock Exchange continue to declare their 2016 dividends to the general public. While others are yet to publish theirs, there is however a few companies that have decided to pay no dividends for the 2016 financial year, mainly due to a drop in their 2016 profits. Among the companies paying no dividends for the 2016 financial year include Tullow Oil Plc (TLW), CAL Bank Limited (CAL), Fanmilk Limited (FML) and Guinness Ghana Breweries Limited (GGBL).
Meanwhile, in the table below, you will find details of the 2016 dividends declared by some listed companies so far.
|Company||Dividend published date||Dividend/share||1Ex-dividend date||Dividend payment date|
|Standard Chartered Bank Ghana Ltd. (SCB)||26th April 2017||GH¢1.12||31st May, 2017||30th June, 2017|
|Ghana Oil Company Ltd. (GOIL)||25th April 2017||GH¢0.025||16th May, 2017||19th June, 2017|
|Unilever Ghana Ltd. (UNIL)||24th April 2017||GH¢0.05||8th May, 2017||24th June, 2017|
|Trust Bank (Gambia) Ltd. (TBL)||24th April 2017||2D 0.30||9th May, 2017||18th May, 2017|
|Ecobank Ghana Ltd. (EGH)||10th April 2017||GH¢0.82||19th April, 2017||26th May, 2017|
|Ghana Commercial Bank (GCB)||18th April 2017||GH¢0.38||10th May, 2017||19th June, 2017|
|Societe Generale Ghana Ltd. (SOGEGH)||7th March, 2017||GH¢0.033||27th March, 2017||12th May, 2017|
|Starwin Products Ltd.(SPL)||10th January, 2017||3GH¢0.001||27th January, 2017||28th February, 2017|
|Anglogold Ashanti (AGA)||15th March, 2017||GH¢0.3634||Not available||10th April, 2017|
|Anglogold Ashanti Depository||15th March, 2017||GH¢0.003634||Not available||10th April, 2017|
1Investors must buy stocks, at least, one business day before the ex-dividend date in order to qualify for the declared dividend.
2Dalasi (D) is currency of the Gambia. Current exchange rate for today, 1st May 2017 (subject to change) is USD1:D46.00
3 Dividend declared by Starwin Products Ltd. (SPL) is for an interim period (not the full financial year).