The Ghana Oil Company PLC (GOIL) has proposed a final dividend of GH¢0.056 per share for the 2024 financial year, pending approval at its upcoming Annual General Meeting (AGM).
Despite a challenging economic environment, the company’s board of directors says the dividend proposal reflects GOIL’s ongoing commitment to rewarding shareholders. The announcement was made in a notice issued on Tuesday, May 20, 2025.
To qualify for the dividend, shareholders must be on the company’s register by the close of business on Tuesday, June 17, 2025. Accordingly, the shareholder register will be closed from Wednesday, June 18, to Thursday, June 19, 2025, to enable processing.
The ex-dividend date is set for Friday, June 13, 2025. Investors who purchase GOIL shares before this date will be entitled to the dividend, while those who buy on or after will not qualify.
If approved, dividend payments are expected to commence on Friday, September 12, 2025.
GOIL remains a key player in Ghana’s downstream petroleum sector and is recognised as one of the country’s leading indigenous oil marketing companies.
