Ikeja Hotel proposes 3 kobo interim dividend

Ikeja Hotel Plc has for the half-year (H1) ended June 30 proposed an interim dividend of 3 kobo for every ordinary share of 50 kobo each.

The interim dividend, subject to appropriate withholding tax (WHT) and approval, will be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday, August 8, 2025.

The Register of Shareholders will be closed from Monday, August 11, 2025, to Friday, August 15, 2025. The qualification date is Friday, August 8, 2025.

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On Friday, September 5, 2025, the dividends will be paid electronically to Ikeja Hotel shareholders whose names appear on the Register of Members as of Friday, August 8, 2025, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.

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ByIheanyi Nwachukwu

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Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.