GLAXOSMITHKLINE Consumer Nigeria Plc has said it’s proposing a 75 kobo per share dividend and one (1) new share for every four (4) existing shares to investors of the company.
The drug maker said the one for four (1 for 4) bonus issue and 75 kobo dividend is payable to shareholders whose names appear on the company’s register as at the close of business on may 13, 2015, as earlier proposed by the directors of the bank for the financial year ended December 31, 2014. Closure date is May 14 to 20, 2015.
GlaxoSmithKline has scheduled its annual general meeting (AGM) and payment dates for June 11 and 12, 2015 respectively.
At the close of business today on the Nigerian bourse, share price of the company increased 5.0 percent gaining N2.10, as it opened on Monday at N42.00 and closed in today’s session at N44.10.

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