The board of Axa Mansard Insurance Plc, has approved the payment of dividend to its shareholders for the period ended December 31, 2017.
In a statement issued on Tuesday, to the Nigerian Stock Exchange (NSE), the insurance giant said the dividend would only be paid to existing shareholders at a limiting date to be announced later.
The approval for the payment of dividend was given at the board’s meeting held on Tuesday, February 20, 2018.
Also during the board meeting, the company’s audited financial statements together with the Directors and Auditor’s reports for the financial year ended December 31, 2017 were approved.
However, the approved audited financial statements and accounts have been forwarded to the National Insurance Commission (NAICOM) for approval as required by the sector’s regulatory agency.
The board of Axa Mansard promised to make the financial statements public as soon as it receives the nod of NAICOM.