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Stock market: the BRVM announces net dividends of 400 billion FCFA in 2023

02/04/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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Nine companies listed on the Regional Stock Exchange (BRVM) in Abidjan announce net dividends of 400.3 billion CFA francs (about 660 million dollars) for the fiscal year 2023.

Coris Bank International, based in Burkina Faso, is the most recent company listed on the BRVM, which offers a net dividend of 790 CFA francs per share to its investors. The average return on net dividends already announced is an impressive 11%. In addition to the direct remuneration of shareholders, there was also a remarkable capital gain of 655.11 billion FCFA resulting from the increase in the value of the shares of the companies concerned in 2023

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