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GSK Declares N1.2bn Dividend For Stakeholders

GlaxoSmithKline Nigeria plc has declared a dividend of N1.243 billion to be shared at N1.30k per share for its stakeholders for the financial year ended December 2013.

The declaration was made at the 43rd annual general meeting of the company held in Lagos on Wednesday.

Chairman of the company’s board of directors, Olusegun Osunkeye, who spoke on the company’s performance,said: “I am pleased to announce to you that your company’s performance and operating results for 2013 were impressive.”

“Turnover was N29.183 billion, a 15 percent increase over the previous year,” he added.

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