Benso Oil Palm Plantation (BOPP) is quickly emerging as a dividend stock that could now be coveted by dividend loving investors and income funds. The company has announced about 399%y/y jump in dividend to GHS1.0623 per share in respect of the 2021 financial year, buoyed by 274.2%y/y surge in earnings to GHS92.41 million in FY2021. BOPP has benefited greatly from significant rise in global Crude Palm Oil (CPO) price in... Read More

Standard Chartered Bank has announced a final dividend of GHS1.74 per share (11.5%y/y growth) in respect of the 2020 financial year. This was driven the bank’s robust financial results that saw net earnings jump by nearly 70%y/y to GHS478.30 million in FY2020. However, the bank’s payout ratio has dropped to 49%, the lowest in the last three years.  Please see the details below. Final Dividend SCB announces that the Company’s... Read More

GCB Bank has carved a reputation for consistently paying dividend to shareholders since Doobia.com started tracking dividend data in 2007. The recent declaration of a dividend in respect of the 2020 financial year means that the bank has paid divided for 14 consecutive years, even during the banking sector recapitalisation and coronavirus periods when several competitors failed to pay dividends. GCB Bank has proved to be a safe dividend stock,... Read More

Cal Bank is set to pay dividend for the third consecutive year following a 23.3%y/y growth in net earnings to GHS213.80 million in FY2020. The bank is quickly developing a reputation as a dividend paying stock having paid dividends in 12 out of the last 14 years. The recent dividend of GHS0.11 per share in respect of the 2020 financial year reflects 23.6%y/y growth compared to the dividend of GHS0.089...

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Total Petroleum has announced an interim dividend of GHS0.0694 per share for the 2020 financial year ending December 31, 2020. And based on the company’s corporate practices in the last decade, it is likely to declare a final dividend in respect of the 2020 financial year later in 2021.   The interim dividend would result in a dividend yield of 3.0% given the company’s prevailing market valuation of GHS2.35 per...

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GGBL has declared a dividend for the third consecutive year in respect of the 2020 financial year. However, the dividend per share of GHS0.0138 is 52.9% lower than the dividend of GHS0.0293 declared in the previous year. The lower dividend was driven by a contraction in earnings by 32.6%y/y to GHS12.16 million in 2020 from GHS18.05 million in 2019.   The company is expected to pay a total dividend of...

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EGL has announced 20.0%y/y rise in dividend to GHS0.054 per share for the 2019 financial year on the back of 53.6%y/y rise in net profit attributable to shareholders to GHS79.63 million in 2019 from GHS51.86 million in the previous year. This

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CAL Bank is set to pay a dividend for the second consecutive year. The bank has proposed a dividend of GHS0.089 per share for the 2019 financial year, and this reflects 85.4%y/y growth over the dividend of GHS0.048 per share paid in the previo

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Society Generale Ghana (SOGEGH) has announced a 125.0%y/y growth in dividend per share to GHS0.09 in respect of the 2019 financial year from GHS0.04 in the previous year. The significant growth in dividend was driven by 107.4%y/y rise in net e Read More

MTN Ghana has announced a final dividend of GHS 0.04 per share for the 2019 financial year. Having paid an interim dividend of GHS 0.02 per share earlier, this brings the total dividend in respect of the 2019 financial year to GHS 0.06 per sha Read More