Goil proposes final dividend of GH¢0.056 per share for 2024
Ghana Oil Company PLC (GOIL) has proposed a final dividend of GH¢0.056 per share for the 2024 financial year, subject to shareholder approval at its upcoming Annual General Meeting (AGM).
The dividend declaration underscores the company’s ongoing commitment to shareholder returns amidst a challenging macroeconomic environment.
In a notice issued on Tuesday, May 20, 2025, the board of directors confirmed that only shareholders on the register at the close of business day on Tuesday, June 17, 2025, will be eligible for the dividend.
Consequently, GOIL’s register of shareholders will be closed from Wednesday, June 18 to Thursday, June 19, 2025, to facilitate the processing of the final dividend.
The ex-dividend date has been scheduled for Friday, June 13, 2025.
Investors who purchase GOIL shares before this date will qualify for the dividend, while those buying on or after the date will be excluded.
Payment of the GH¢0.056 per share dividend is expected to take effect on Friday, September 12, 2025.
GOIL remains one of the largest indigenous oil marketing companies in Ghana, and continues to play a pivotal role in the country’s downstream petroleum sector.
SP/VPO
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