Dividend Price Adjustments this week: What Actually Happened

Three companies had their prices adjusted for dividends during the week, which affected their weekly returns. This is important context for interpreting the "worst performers" list. PZ Cussons Nigeria went ex-dividend on October 12 for a N2.50 dividend, with its reference price adjusted to N65.50 from N68.00, representing a 3.68% adjustment. GTCO went ex-dividend on October 13 for a N1.00 dividend, with its reference price adjusted to N130.00 from N131.00, a 0.76% adjustment. Stanbic IBTC... Read more

  Economy   Oct 19, 2026   0   12  Add to Reading List
Dividend Price Adjustments this week: What Actually Happened












Three companies had their prices adjusted for dividends during the week, which affected their weekly returns. This is important context for interpreting the "worst performers" list.

PZ Cussons Nigeria went ex-dividend on October 12 for a N2.50 dividend, with its reference price adjusted to N65.50 from N68.00, representing a 3.68% adjustment. GTCO went ex-dividend on October 13 for a N1.00 dividend, with its reference price adjusted to N130.00 from N131.00, a 0.76% adjustment. Stanbic IBTC...

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