₦airaland Forum

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essentialone1:
PZ is back to dividend after 4 years — and this time with an option.

For FYE 31st May 2026 (audited: PAT *N45.17bn*, +349% YoY):

- *Dividend: N2.50 per 50k share* — about N9.93bn total payout
- *AGM: Oct 28, 2026* - Abuja (needs approval first)
- *Qualification Date: Oct 9, 2026* close of business
- *Register closure: Oct 12-16*
- *Payment Date: Oct 30, 2026* via e-dividend.

The 3 Options — Scrip Dividend:

You must submit the election form *on/before Oct 23, 2026*:

*1. 100% Cash:* Default. Get N2.50 per share minus WHT to your bank account.

*2. 100% Shares (Scrip):* Instead of cash, get new PZ shares. Number of shares = (Your dividend amount) / (Reference Price). Reference Price = *10-day VWAP starting Oct 12*.

*3. Mix:* Part cash, part shares — you split on the form.

> Example: If you have 10,000 shares, dividend = N25,000. If VWAP reference = N65, and you pick 100% scrip, you'd get ∼384 new shares instead of cash.

*Which is better?*

- Need cash / high WHT? Take *Cash*
- Bullish long-term and want to avoid unclaimed dividend wahala + increase holding without brokerage fees? Take *Scrip*. PZ just turned net assets positive to N66.64bn from negative N17.34bn last year and deleveraged heavily — scrip buyers are betting on continuation.
- Scrip is tax efficient — no WHT on shares, but cash dividend has WHT.

If you don't submit the form by Oct 23, you'll be paid cash automatically.

What buying opportunities has the Dangote Refinery IPO created?

Good strategy. Lets focus on other things

ghm:
I have subscribed to the Dangote Refinery (DR) IPO – so that I can remove myself from the pros and cons noise as quickly as possible.

Now:

Are there opportunities (outside DR) in the market currently? Any catalysts on the horizon?
Any specific strategy to prepare for FTSE Frontier inclusion on the 21st?

Has anyone used piggy vest successfully?

How much per stock?

shadybembe:
TIP dividend had started dropping.

What do you think is the upward trajectory on those stocks?

deathwing:
My bank account is almost clean because I was buying during the dip..but since I don't intend to sell my stocks this December and buy cow, I would prefer the dip stays a bit longer. If you check, that's what I've been saying all through even while accumulating MTN, HBM, Fidson and TIP. unfortunately, I no be Otedola pikin so I can only hope the dip remains until them pay me salary so I can buy more. As aI day, I am Ok with red days till December.

Any thoughts on the Sterling IPO

ThebestPromise:
This is a blatant lie. Chevron have moved from airlifting their staff to using passenger boat for over 3 years now. If not until recent when the entrance gate of Chevron was blocked in Warri which reverted them back to airlifting via Osubi, it has always been Marine transportation. Kindly note that the issue has been resolved and Chevron is back to full marine transportation. Chevron uses 3 massive passenger boats to move their workers from Warri to Escravos.

The Bristol Helicopters Ltd is the supporting arrangement to cover the offshore operations.

Our journalists should always follow up or confirm information instead of relying on sponsored junk news.

Confidence in half truths. Lol.

Indomie

I have always wondered how to spend my Friday night? Sometimes I go to the bar and drink, then go home. Other times, I just go home and Netflix. As a Single pringle with no one waiting for me, I just wing it most times.

How do you spend your Friday nights?

OP where do you live?

Lee84:
Go tomorrow you will be interviewed.

Really, thank you. I am going to Ibadan from Lag? Anybody going?

Hello all,

I was scheduled for today and I missed it due to unavailability of original certificate. Is it possible to go tomorrow? Is there a way they can check and turn me back?

eminemkayc:
Hello,
On the contrary, there are extreme and enormous potentials for engineers generally in this country and civil engineers, in specific. As a practicing structural engineer in close to two decades with extreme competence in finite difference methods of analysis, finite element methods, application of laplace transformation to the analysis and design of dynamic equipment structures/foundations, etcetera I can confidently inform you that in a developing society like ours and elsewhere abroad, there's a huge demand for structural engineers (for e.g) in industries such as the oil and gas, power plant, telecommunications, etc. These are people who design lattice tower structures, monopole structures, girder bridges, high rise building structures, fixed jacket offshore structures, pile foundations, combined footings, raft foundation, floating and fixed jetties etc. However, to fit in, you must be quite COMPETENT in engineering analysis and design (note that those persons you mentioned in factories are technicians and NOT engineers), both manually, with the use of SELF-CREATED intelligent spreadsheets and with the use of INTERNATIONALLY-ACCEPTABLE computer aided design applications such as STAADPro, SAP2000, SACS and ETAB (not ORION) together with detailing applications such as AUTOCAD, PDMS, E3D.
Additionally, you should be competent in internationally acceptable codes of practice such as the Eurocodes (EC0-9), AISC, API, DNV, and relevant yet-to-be-wiithdrawn BS codes. The problem(s) with the Nigerian universities is that you are taught the solution of homogeneous/non-homogeneous second order differential equations either by classical methods or special operator methods without being taught its largely used applications in engineering design such as its application is structural free damped vibration of rigid bodies, forced-damped vibration via externally applied forcing functions, application in the description of ground acceleration due to seismic motions, its application in the theory of thin plates and shells like analysis of thin-walled pressurized vessels, fracture mechanics failure theories like huber-hencky-von-misces theroy, etc Engineering is applied mathematics, is sweet and once you do not know its application and cannot deploy the right tools in engineering design, you would obviously be found floating either in Nigeria or elsewhere in the world.
Finally note that the world is in deep demand of those who study and are COMPETENT in STEM-related courses and the 'E' in STEM is obviously Engineering.

I would like to connect with you, if you dont mind. I am in the same industry

Who have received a mail for test invite?

Akpabio always has a way of deceiving people. I will not talk till the project has been completed

Mandorland:
then why are you considering it?

Good question. Lol

Ogiame Suo!

Cape Verde don score o

Madawaki01:
Channel 419

Thanks. This is clearer than the AIT own

Kriss216:
All these muscles couldn't stop death.

Don't goan kill yourself over nonsense 6 packs or summer body. Enjoy your 6 tanks in peace.




God rest his soul.

What matters is a fine balance

Could this be Wike fighting Secondus?