MTN Ghana has announced that it will pay an interim dividend to shareholders registered on the books of the telecommunications network as well as dividends to its pre-Initial Public Offering (IPO) shareholders.
The telecom company said, it received approval from the Bank of Ghana for the payment of a gross dividend of GHȼ1,067 declared on August 31 payable to its pre-IPO shareholders.
MTN also declared a gross interim dividend of GHS0.02 per share for the period to September 30.
The amount is subject to the deduction of appropriate taxes.
“The number of ordinary shares in issue at the date of the declaration is 12,290,474,360,” MTN Ghana said in its unaudited financial statements for the nine months ended September 30, 2018.
Only shareholders registered in the books of MTN Ghana at the close of business on Friday, November 9, 2018, will qualify for the interim dividend.
The dividend will be transferred electronically to the bank accounts or Mobile Money wallets of certified shareholders who make use of these facilities on Wednesday, November 21, 2018.
“In view of this, the register of shareholders will be closed from Monday, 12 November 2018 to Thursday, November 15, 2018 (both dates inclusive),” MTN Ghana said.
MTN Ghana also announced that its subscriber base grew from 17.1million to 19.4million over the nine months of 2018.
MTN Ghana stated that its data subscribers increased to 14.3million, up from 5.8million compared to last year.
Also, mobile money subscribers increased to 9.4million.