• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

GOIL sets GHS 0.056 per share as final dividend for 2022

2 years ago
in Business, Energy, Features, highlights, Home, home-news, latest News, Markets
2 min read
0 0
0
120
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

GOIL sets GHS 0.056 per share as final dividend for 2022

Ghana Oil Company Limited (GOIL) has announced that its Board of Directors will be recommending the payment of a final dividend for the 2022 financial year to its shareholders at the upcoming Annual General Meeting (AGM). The proposed dividend amount stands at GH¢0.056 per share, reflecting the company’s solid financial performance and commitment to rewarding its investors.

To be eligible for the final dividend, shareholders must be registered in GOIL’s books as of the close of business on Wednesday, June 21, 2023. This qualifying date will determine the list of shareholders entitled to receive the dividend payment. It is worth noting that the Register of shareholders will be closed from Thursday, June 22, 2023, to Friday, June 23, 2023, inclusively. During this period, no changes or modifications can be made to the share register.

To ensure clarity in the market, GOIL has set the ex-dividend date as Monday, June 19, 2023. This date signifies that investors who purchase GOIL shares before June 19 will be entitled to the final dividend, while those who acquire shares on or after this date will not be eligible. The ex-dividend date helps establish a clear boundary, ensuring that investors are aware of their entitlement to the dividend based on the timing of their share purchases.

By implementing an ex-dividend date, GOIL aims to maintain fairness and transparency in its dividend distribution process. Investors can plan their investments accordingly, knowing that the cutoff date to be eligible for the dividend is June 19, 2023.

Looking ahead, GOIL has scheduled the payment of the final dividend for Monday, August 7, 2023. Shareholders who qualify for the dividend will receive their payment on this date, rewarding their continued support and confidence in the company’s growth prospects.

The dividend recommendation and subsequent payment underscore GOIL’s commitment to maximizing shareholder value. By distributing a portion of its profits as dividends, the company aims to provide a tangible return to its investors, enhancing their overall investment experience.

RelatedPosts

Gold Price Falls by Most in Over a Decade as Rally Cools

Businesses Flock to Ethiopia’s Newly-Opened Banking Market

Among Africa’s Top Performing Currencies — the Zambian Kwacha

This dividend announcement comes on the back of GOIL’s impressive financial performance during the 2022 fiscal year. The company’s solid financials reflect its effective management strategies, focus on operational efficiency, and ability to navigate through challenging market conditions.

Furthermore, the dividend payment serves as a testament to GOIL’s commitment to sustainable growth and long-term shareholder value creation. By consistently rewarding its investors, GOIL demonstrates its dedication to delivering favorable returns while maintaining financial stability and fostering investor confidence.

As shareholders eagerly await the upcoming Annual General Meeting, where the final dividend recommendation will be presented, GOIL continues to position itself as a leading player in the Ghanaian energy sector. Through its robust business model, emphasis on customer satisfaction, and commitment to corporate governance best practices, GOIL aims to consolidate its market position and drive further growth in the years to come.

GOIL’s announcement of a final dividend recommendation for the 2022 financial year demonstrates the company’s dedication to its shareholders and their investment interests. By adhering to key dates, including the qualifying date, ex-dividend date, and payment date, GOIL ensures fairness and transparency in its dividend distribution process. As investors eagerly await the upcoming Annual General Meeting, the proposed dividend payment stands as a testament to GOIL’s commitment to delivering value and fostering long-term growth.

Tags: dividendGOILGOIL sets GHS 0.056 per share as final dividend for 2022
No Result
View All Result

Highlights

PIAC Urges Increased Investment in Petroleum Sector as Ghana Projected to Capture 20% of West Africa’s $80bn Oil and Gas Market by 2033

BoG Reviewing Consumer Recourse Mechanism to Address Gaps in Complaint Redress System, Says 2nd Deputy Governor

A Look at the Opportunities and Challenges as North America Gears Up for the 2031 Women’s World Cup

Black Stars Nominated for National Team of the Year at 2025 CAF Awards

Parliament to Hold Special Hearings on Extractive Industries’ Impact on Jobs and National Development

Ghana’s Economy Ranked Among 14 African Economies at High Risk of Short-Term and Commercial Vulnerability

Trending

Features

Gold Price Falls by Most in Over a Decade as Rally Cools

October 22, 2025

Gold Price Falls by Most in Over a Decade as Rally Cools Gold prices fell by the...

Businesses Flock to Ethiopia’s Newly-Opened Banking Market

October 22, 2025

Among Africa’s Top Performing Currencies — the Zambian Kwacha

October 22, 2025

PIAC Urges Increased Investment in Petroleum Sector as Ghana Projected to Capture 20% of West Africa’s $80bn Oil and Gas Market by 2033

October 22, 2025

BoG Reviewing Consumer Recourse Mechanism to Address Gaps in Complaint Redress System, Says 2nd Deputy Governor

October 22, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.