Leading beverage manufacturing company, Guinness Ghana, has declared dividends for its shareholders for the third time running.
The dividends to the shareholders were declared at the company’s 48th Annual General Meeting held in Accra.
The financial year under review delivered ¢4.26 million in dividend, which translates into a dividend payout of ¢0.0138 per share, which was approved by the shareholders on Wednesday.
Speaking at the Annual General Meeting, Board Chairman of Guinness Ghana, Dr Felix Addo, noted the company has had another positive performance and remains unrelenting on its ambition to create the best performing, most trusted and respected consumer products company in Ghana.
“Guinness Ghana delivered a strong performance in the first nine months of the year. This was mainly driven by strong topline growth in major products category and benefit from our strong brand equity and Capex investment,” he stated.
Dr Felix Addo however, noted that the outbreak of Covid-19 presented significant challenges for the business as the on-trade was closed for the fourth quarter, but was proud that the full-year sales performance still grew significantly versus last year whilst the business kept the health and safety of our employees and supporting our communities as a priority.
He added that this year marks 60 years of the company’s operations in the country and the business has a clear focus and continuous ambition on partnering for growth, driving out cost and re-investing in growth of the business in order to step-up its productivity agenda.
The meeting was also used to authorize the appointment of Dr Helene Weesie, the new Managing Director of Guinness Ghana who took over from Gavin Pike in September this year.
