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NICO, led by Malawian tycoon Vizenge Kumwenda, announces $6 million dividend

Summary by Billionaires.Africa
Key PointsNICO Holdings to reward shareholders with a $6 million interim dividend for the 2024 fiscal year, doubling last year's payout.Dividend increases to MWK10 ($0.0058) per share, with payments scheduled for April 25, 2025, for shareholders on record by April 17.NICO Holdings expects profit growth of up to 131%, with consolidated profits projected between MWK133 billion ($76.67 million) and MWK136 billion ($78.37 million).National Insurance…
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NICO, led by Malawian tycoon Vizenge Kumwenda, announces $6 million dividend

Key PointsNICO Holdings to reward shareholders with a $6 million interim dividend for the 2024 fiscal year, doubling last year's payout.Dividend increases to MWK10 ($0.0058) per share, with payments scheduled for April 25, 2025, for shareholders on record by April 17.NICO Holdings expects profit growth of up to 131%, with consolidated profits projected between MWK133 billion ($76.67 million) and MWK136 billion ($78.37 million).National Insurance…

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Billionaires.Africa broke the news in on Thursday, April 3, 2025.
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