The year 2016 has not been the most glowing for Société Camerounaise de Palmeraies (SOCAPALM), agri-food company listed on the Douala Stock Exchange (DSX), the stock exchange of Cameroon.
In its financial statements being validated and published last 27 April, the company announced net profit after tax of FCfa 5.1 billion at the end of 2016, more than FCfa 1 billion lower compared to the FCfa 6.4 billion of the year 2015.
But in the end, we learn officially, it is a dividend of FCfa 6.8 billion that the shareholders will divide among themselves, SOCAPALM having decided to effect a deduction on its stock of“carry forward”, in order to round up the envelope to be distributed to shareholders. To this end, each shareholder will receive FCfa 1500 per share at the latest by next 30 September.
In detail, this comes to a dividend for each dematerialized share of FCfa 1335, before tax on investment income. With regard to non materialized shares, each shareholder resident in Cameroon and abroad outside France will receive FCfa 1252 per share without taking tax on investment income into account, against 1275 per share for each shareholder resident in France.
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