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NSSF earns UGX9.3b as MTN Uganda pays out UGX105b first dividend since listing on USE

Nelson NambooleJune 29, 2022June 29, 2022
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Shareholders will be looking out for better returns as MTN goes into its second year of being listed on the exchange.

Following approval of the declaration of dividends by its shareholders at the Annual General Meeting held on the 27th day of May 2022, MTN Uganda has paid out a total dividend of UGX105.4 billion to its 21,452 shareholders for the year ended 31st December 2021. The National Social Security Fund – NSSF is MTN Uganda’s second-largest shareholder, with 8.84% shareholding, earned a total of UGX 9,317,880,000/= in dividends for the year 2021. Each shareholder, registered on the books of the company by 01 June 2022, has received a dividend of UGX4.706 per share in accordance with the Uganda Securities Exchange…

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Tagged: Andrew Bugembe Company dividend payment MTN Uganda National Social Security Fund Richard Byarugaba Uganda Securities Exchange

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