The Initiates Plc Declares Interim Dividend for H1 2026
The Initiates Plc has filed a Corporate Actions Announcement disclosing an interim dividend of ₦0.20 per share of 50 kobo each for the period ended 30th June 2026. The filing outlines key dates including a qualification date of 10th August 2026 and a payment date of 31st August 2026.
The Initiates Plc (TIP), a waste management and industrial cleaning company registered under RC266755, has announced an interim dividend of ₦0.20 for every share of 50 kobo each, covering the period ended 30th June 2026. The dividend is subject to appropriate withholding tax and approval.
Shareholders whose names appear in the Register of Members as at the close of business on 10th August 2026 will qualify for the dividend. The company's Register of Shareholders will be closed from 11th to 14th August 2026.
Payment is scheduled for 31st August 2026 and will be made electronically to qualifying shareholders who have completed e-dividend registration and mandated the Registrar, APEL Capital Registrars Limited, to pay directly into their bank accounts. No bonus issue was declared alongside the interim dividend.
Shareholders who have not completed e-dividend registration are directed to download the E-Dividend Mandate Activation Form from the Registrar's website at www.apel.com.ng. Holders of unclaimed dividend warrants or share certificates are also advised to contact APEL Capital Registrars Limited via phone at 07046126698 or email at registrars@apel.com.ng.
