Fan Milk PLC (FML) has announced the closure of its shareholder register and payment details for the final dividend of GH₵0.08 per share for the 2024 financial year.
The company’s board will recommend the dividend payout to shareholders at the upcoming meeting, pending approval.
Shareholders registered in FML’s books by the close of business on Wednesday, May 14, 2025, will qualify for the dividend. The register will temporarily close from Thursday, May 15, to Friday, May 16, 2025, to facilitate the process. The ex-dividend date is set for Monday, May 12, meaning investors purchasing shares on or after this date will not receive the dividend.
The final payment will be disbursed on Friday, July 11, 2025. FML advised stakeholders to direct inquiries to the Ghana Stock Exchange’s Head of Listing via telephone numbers provided in the release.
This dividend announcement reflects FML’s ongoing commitment to shareholder returns amid its operational performance. Dividend payments often signal corporate stability, though investors typically weigh such distributions against broader market conditions and the company’s reinvestment strategies. For FML, maintaining a balance between rewarding shareholders and funding growth initiatives will be critical as it navigates competitive pressures in Ghana’s consumer goods sector.
The Ghana Stock Exchange confirmed the details, underscoring adherence to regulatory standards in corporate disclosures.
