Guinness Ghana Breweries Limited (GGBL) has announced its board will propose a final dividend of GH¢0.022 per share for the financial year 2024, marking a return to shareholders as part of its continued commitment to delivering value.
Although shareholder approval is required for a final dividend proposal by the Board of Directors for the financial year that ended June 30, 2024, the dividend will be payable to shareholders who have been on record as of Monday, October 28, 2024, with the shareholder register closing on Tuesday, October 29, 2024.
This announcement follows the company’s strong performance over the fiscal year, despite challenges posed by the macroeconomic environment.
Shareholders will receive a GH¢0.022 per share final dividend for the 2024 financial year. The dividend reflects the company’s profitability and cash flow management, indicating its capacity to distribute earnings to its shareholders while maintaining healthy reserves for future operations.
Despite economic challenges, including inflationary pressures and currency volatility, Guinness Ghana managed to maintain solid financial performance through cost management, product innovation, and expanding its market presence. These efforts have contributed to the company’s ability to sustain profitability and provide returns to shareholders.
This dividend is part of Guinness Ghana’s strategy to reward shareholders while reinvesting in the business to sustain long-term growth. It reinforces the company’s reputation as a leader in the brewing industry and demonstrates its commitment to maximizing shareholder value.
