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Bourse-Uemoa: BOA Niger dominates in terms of dividend yields

29/03/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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Bank of Africa Niger currently dominates in terms of dividend yields generated for investors of companies listed on the Regional Stock Exchange for Securities (BRVM) in Abidjan.

Boa Niger paid an after-tax dividend of 609.15 CFA francs (1 dollar) per share, valued at 5390 CFA francs in December 2023, representing a net dividend yield of 11.3% for its shareholders for this fiscal year. This pre-eminence is affirmed compared to the value of the net dividend announced for 2023 with the company's share price on the BRVM as of December 31, 2023. BOA Niger is thus strengthening its attractiveness for investors, offering gains that are well above the inflation rate, which reached 6.8% at the end of November 2023 in Niger, the highest in the UEMOA zone. The military coup in the fourth quarter and subsequent sanctions could explain this performance

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