Cadbury Nigeria Plc on Tuesday recommended a gross dividend of N1.221 billion for the year ended December 31, 2015.
The dividend, which translates to 65 kobo per share was recommended despite a fall of 46 per cent in the bottom-line.
The details of the audited results made available yesterday showed that Cadbury recorded a revenue of N27.825 billion, which is nine per cent lower than the N30.519 billion.
In spite of the lower profit, the directors recommended a dividend for the shareholders.
