L-R: Managing Director, Lagos State Development and Property Corporation(LSDPC), Hon. Ayodeji Joseph; Group Chairman, Heirs Holdings, Mr Tony Elumelu; Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu; Managing Director/CEO, Afriland Properties Plc, Mrs Uzo Oshogwe
AFRILAND Properties Plc, a leading real estate investment and development company with a portfolio valued at over N14 billion and one of the largest land banks in Nigeria, has declared an interim dividend for the half-year ended June 30, 2024.
The real estate company communicated that its Board of Directors had approved an interim dividend of 13 kobo per share, amounting to a total payout of N178,607,000 to its shareholders.
The decision highlights the company’s resilience hinged on its diversified portfolio of investments and offerings as it continued to demonstrate its resilience and commitment to creating value.
Managing Director of Afriland Properties Plc, Uzo Oshogwe, expressed appreciation to shareholders for their continuous trust and support.
She stated: “Afriland Properties remains dedicated to leveraging innovative strategies to drive long-term growth while offering end-to-end services across the real estate value chain. This interim dividend payment reflects our obligation to enhance shareholder value, which remains core to our strategy.”
Earlier this year, Afriland Properties reported a remarkable 150 percent increase in its full-year dividend payout to shareholders at its 2023 Annual General Meeting (AGM), further underscoring its commitment to delivering exceptional value.
Afriland Properties has new landmark developments in Abuja and Lagos to meet the growing demand for high-quality homes and commercial spaces. These efforts aim to reinforce the company’s position as a market leader in the Nigerian real estate sector and ensure sustainable returns for all stakeholders.
Afriland Properties Plc is a property management, investment and development company offering end-to-end services across the real estate value chain.
The company is dedicated to improving lives through the development, management, and maintenance of world-class real estate offerings across Africa.
With a portfolio valued at over N14 billion and one of the largest land banks in Nigeria, Afriland is pioneering the institutional approach to real estate, serving niche markets throughout Africa.
READ ALSO: Family of six dies after eating local delicacy in Kano
The Federal Government has been urged to acknowledge and immortalise student union icons who played…
According to him, this remarkable achievement is the result of strategic economic reforms and financial…
He called on lawmakers and state governors to go beyond mere policy declarations by actively…
In a statement issued on Saturday by the Commission’s Director of Corporate Affairs and External…
"Chief Ayo Adebanjo was not like many politicians of our days, who are mere chameleons…
"In a resolute declaration reflective of both our historical legacy and our unwavering commitment to…
This website uses cookies.