The Ivorian Tobacco Company (SITAB) will pay its shareholders a sum of 9.893 billion FCFA in dividends on July 27, 2023.

SITAB will pay, for the 2022 financial year, a global annual dividend of 9.893 billion FCFA. According to the general management of the Regional Stock Exchange (BRVM) where this company is listed, this corresponds to a net dividend per share of 551 FCFA against 445.117 FCFA in 2021. SITAB Côte d'Ivoire shares will be listed as an ex-dividend starting Tuesday, July 25, 2023. This means that investors who wish to acquire SITAB shares will be able to do so no later than Monday, July 24, 2023. Once completed, all pending stock market orders in the BRVM trading system will be cancelled

Based on its individual SYSCOHADA financial statements, as of 31 December 2022, SITAB had achieved net income after tax of 12 billion FCFA against 10 billion FCFA in 2021, an increase of 19.30%. For its part, turnover increased by 16 billion FCFA, standing at 151 billion FCFA against 135.071 billion FCFA

Overall, SITAB's expenses increased by 10% between 2021 and 2022 with respective achievements of 124 billion FCFA and 136 billion FCFA. For its part, added value has seen a positive evolution of 24%, to 15.366 billion FCFA compared to 12.433 billion FCFA in