Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend - Business (2)

Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend (7215 Views)

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Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Nobody: 7:54am On Apr 03, 2017

swaz:
Dangote this dangote that, the man has used his heavy duty trucks to vandalized our Nigerian roads and nobody is saying anything he has not contributed a dime to our Education section or Health all he does is taking advantage of Nigerians by exploiting us, and monopolize the Economy of Nigeria how can one man be the major importer of most of the things we used is wrong Nigerians needs to wake up and open their eyes to the reality...

The truth is that while he was using his head most of our parents where using their eyes and busy complaining about everything. Bro/sis make use of every opportunity, Nigeria is a very good market.

He should be taxed heavily with the system of pay as you earn so that the money can be used to fixed our roads and inferstructures he should not be left alone get more richer while other Nigerians are getting more poorer.,

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Moving4: 7:55am On Apr 03, 2017

God bless ur works...

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by elothaddi(m): 7:59am On Apr 03, 2017

It means you will be paid (0.60*1000) - (10% of (0.60*1000)) = N540 only grin

= (600) - (10% of (600))
= 600 - 60
= 540

The 10% deduction is for tax.

castrokins:
What Does The 60k Imply For A Shareholder Of 1000 Units (ordinary) Shares?

1 Like 1 Share

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Mobsync(m): 8:01am On Apr 03, 2017

castrokins:
What Does The 60k Imply For A Shareholder Of 1000 Units (ordinary) Shares?

That' s sixty thousand kobo.

It's something. grin

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by obailala(m): 8:07am On Apr 03, 2017

swaz:
Dangote this dangote that, the man has used his heavy duty trucks to vandalized our Nigerian roads and nobody is saying anything he has not contributed a dime to our Education section or Health all he does is taking advantage of Nigerians by exploiting us, and monopolize the Economy of Nigeria how can one man be the major importer of most of the things we used is wrong Nigerians needs to wake up and open their eyes to the reality...
He should be taxed heavily with the system of pay as you earn so that the money can be used to fixed our roads and inferstructures he should not be left alone get more richer while other Nigerians are getting more poorer.,

You have 1 car, you pay N1000 per annum as tax for using the roads. Similarly, Dangote has 5000 lorries, he pays N15 million annually as tax to use the road. In essence, DAngote has the same right as you to use that road; Dangote is not your government that should fix the educational system or health system or even the roads.... Instead of you to scold the government that collects that tax from you and heavily from Dangote for not using the money to maintain the roads, you are busy blaming Dangote. My broda, that is called misplaced aggression and this one is purely due to the spirit of bad belle.

4 Likes 1 Share

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Acidosis(m): 8:10am On Apr 03, 2017

swaz:
Dangote this dangote that, the man has used his heavy duty trucks to vandalized our Nigerian roads and nobody is saying anything he has not contributed a dime to our Education section or Health all he does is taking advantage of Nigerians by exploiting us, and monopolize the Economy of Nigeria how can one man be the major importer of most of the things we used is wrong Nigerians needs to wake up and open their eyes to the reality...
He should be taxed heavily with the system of pay as you earn so that the money can be used to fixed our roads and inferstructures he should not be left alone get more richer while other Nigerians are getting more poorer.,

Do you know how much it cost to clear a single truck in ports?

What's your government doing with the monies?

2 Likes

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Acidosis(m): 8:11am On Apr 03, 2017

obailala:
You have 1 car, you pay N1000 per annum as tax for using the roads. Similarly, Dangote has 5000 lorries, he pays N15 million annually as tax to use the road. In essence, DAngote has the same right as you to use that road; Dangote is not your government that should fix the educational system or health system or even the roads.... Instead of you to scold the government that collects that tax from you and heavily from Dangote for not using the money to maintain the roads, you are busy blaming Dangote. My broda, that is called misplaced aggression and this one is purely due to the spirit of bad belle.

that man needs help...

1 Like

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by obailala(m): 8:14am On Apr 03, 2017

Acidosis:
that man needs help...

Sadly, there are a vast number of Nigerians that see things from his point of view..

1 Like

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Nobody: 8:29am On Apr 03, 2017

DlawTECHY:
A true business man

Check my signature for our telegram group link. The best group on telegram. Don't dull ooo

When you grant monopoly status to a person , he will become an instant millionaire.

3 Likes 1 Share

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by gloshennel: 8:32am On Apr 03, 2017

@CASTRO and @ENGRKAZ

You guys are asking about the maths, here;

1000units of share given 60k declared dividend gives you #600 (ie 0.6 × 1000)

But then you need the price per unit of the shares for the value of the 1000units which was not included by the Op.

Hope it helped.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by castrokins(m): 8:40am On Apr 03, 2017

Thanks

Na Like This I Go Buy Private Jet?

elothaddi:
It means you will be paid (0.60*1000) - (10% of (0.60*1000)) = N540 only
= (600) - (10% of (600))
= 600 - 60
= 540

The 10% deduction is for tax.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by msal2016: 8:43am On Apr 03, 2017

Advantages and opportunity during recession,av anybody check the price of all local Dagote products.extracting the last kobo from the masses and declared profit.Buhari is not a good leader but let look at those who suppose to relief the country but turn to be the bed bug shocking the last blood of the country.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by castrokins(m): 8:47am On Apr 03, 2017

O Boy. How Many Sixty Thousand Kobo I Go Use Buy Private Jet?

Mobsync:
That' s sixty thousand kobo.

It's something.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by swaz(m): 9:09am On Apr 03, 2017

Bashirfuntua:
don't mind the poster above me e just pain am

our problem with we Northerners is that we don't like the truth we will be suffering and dieing in silence and be saying say Buhari, I know u re a village man from funtua who has never travelled out of funtua and I believe u still live in ur family house called Gidan gado.
Pls let's put sentiments aside and say the truth...

1 Like

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by swaz(m): 9:16am On Apr 03, 2017

quentin06:
When you grant monopoly status to a person , he will become an instant millionaire.

True talk bro how can one man be left alone to dominate the Economy ?, Is wrong Nigeria is too big that one man should monopolize the importation of goods nd services

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Nobody: 9:24am On Apr 03, 2017

swaz:
Dangote this dangote that, the man has used his heavy duty trucks to vandalized our Nigerian roads and nobody is saying anything he has not contributed a dime to our Education section or Health all he does is taking advantage of Nigerians by exploiting us, and monopolize the Economy of Nigeria how can one man be the major importer of most of the things we used is wrong Nigerians needs to wake up and open their eyes to the reality...
He should be taxed heavily with the system of pay as you earn so that the money can be used to fixed our roads and inferstructures he should not be left alone get more richer while other Nigerians are getting more poorer.,

Could this your view be a result of hatred or mere envy.
Na wah for you.

1 Like

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Repairnigeria(m): 9:27am On Apr 03, 2017

good

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by koolguy88(m): 9:32am On Apr 03, 2017

This is peanut

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by omojeesu(m): 9:43am On Apr 03, 2017

Dangote keeps smiling to the banks. So are his staff. Good for them.

Unfortunately, REFINED SUGAR contributes to ill-health. People since childhood become addicted to sugar. It's not Dangote's fault! But personal choices. Each person is the architect of his / her own health and that of the family.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by swaz(m): 9:59am On Apr 03, 2017

ismokeweed:
They're not taxed?

The tax is not sufficient, he is supposed to be taxed as he earns.. The truth of the matter is we from the North don't like the truth.
That's why am praying to God for an Igbo man to become the PRESIDENT that's the only way all these nonsense can be cortail.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by gnykelly(m): 10:00am On Apr 03, 2017

swaz:
Dangote this dangote that, the man has used his heavy duty trucks to vandalized our Nigerian roads and nobody is saying anything he has not contributed a dime to our Education section or Health all he does is taking advantage of Nigerians by exploiting us, and monopolize the Economy of Nigeria how can one man be the major importer of most of the things we used is wrong Nigerians needs to wake up and open their eyes to the reality...
He should be taxed heavily with the system of pay as you earn so that the money can be used to fixed our roads and inferstructures he should not be left alone get more richer while other Nigerians are getting more poorer.,

he doesn't owe you anything. he has paid his tax.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Nobody: 10:02am On Apr 03, 2017

Recession doesn't affect Dangote's companies at all.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by swaz(m): 10:05am On Apr 03, 2017

happybrother:
Could this your view be a result of hatred or mere envy.
Na wah for you.

Chairman is not envy but my point of view the believe to be given u people peanut so that u can never be independent and self sufficient the Nigerian system have been domiciled and monopolized. The truth is bitter.

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by jamih: 10:13am On Apr 03, 2017

elothaddi:
It means you will be paid (0.60*1000) - (10% of (0.60*1000)) = N540 only
= (600) - (10% of (600))
= 600 - 60
= 540

The 10% deduction is for tax.

you have to consider the cost of a unit of a share

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by elothaddi(m): 11:22am On Apr 03, 2017

Oya complete it.

jamih:
you have to consider the cost of a unit of a share

Re: Dangote Sugar Posts N14.4bn Profit In 2016, Declares 60k Dividend by Mobsync(m): 11:34am On Apr 03, 2017

castrokins:
O Boy. How Many Sixty Thousand Kobo I Go Use Buy Private Jet?

Na you know o. grin

No be you go buy shares?

1 2 Reply

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