Speaking at the 4th Annual General Meeting of MTN Ghana (it became a public listed company four years ago), the Board Chairman, Ishmael Yamson said the company is paying out some 70.3 per cent of its profit after tax to shareholders.
MTN Ghana has declared
GHS 0.115 dividend per share for the year 2021,
The Chairman stated that
profit after tax grew by 43% year on year to GHS2 billion in 2021, adding that
the company, therefore, proposes to pay GHS0.085 dividend per share in addition
to the GHS0.030 paid mid-year, making the total dividend per share for the year
GHS0.115.
He noted that in the year
under review, the world and Ghana continued to reel under the several
consequences of Covid-19, which started as a health crisis, but quickly turned
into an economic, social and political one, with seven million deaths globally,
food shortage, high inflation, loss of jobs and several other challenges.
In the midst of all those
challenges, Ishmael Yamson noted that MTN Ghana continued to be the highest
tax payer in Ghana as it has always been over the years – paying some GHS3.1
billion taxes, out of which some GHS2.3 billion was direct and indirect taxes.
He said the taxes paid by
MTN in 2021 constituted 43% of its total revenue for the year, and a
significant portion of Ghana’s GDP, impacting over 500,000 Ghanaians in terms
of direct and indirect jobs.
Mr. Yamson said in the
year under review, the MTN Ghana Foundation spent a significant GHS14.3 million
on various high impact projects in education, health and economic empowerment,
particularly in the area of digital skills empowerment.
According to him, the
company has earmarked some GHS20 million for corporate social investment in the
year 2022 and they have already started rolling put projects in that respect.
source: Pulse.com.gh
0 comments:
Post a Comment