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Return on investments: Sicable offers a prudent dividend to its shareholders

21/03/2024
Categories: Companies

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The Ivorian Cable Company (Sicable) announced a dividend distribution of 79.58 CFA francs per share for the fiscal year 2023.

SICABLE is a major player on the Abidjan Regional Securities Exchange (BRVM). This distribution is the most generous reward granted to shareholders since 2021, with an attractive return of 7.84%. The year 2023 was marked by exceptional performances, with an operating result of 1.75 billion CFA francs, the highest since 2014, and a similarly record net profit of 1.43 billion CFA francs. Sicable's net cash flow also increased significantly, increasing by more than 2.75 billion CFA francs to 6.5 billion CFA francs

at the end of December.
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