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NGIP Agmark Limited (NGP) Declare 2024 Final Dividend – Strongest Results Buoyed by Strong Global Cocoa Prices.

  • Writer: John Kevau
    John Kevau
  • Mar 27
  • 1 min read

NGP announced a K0.12 dividend for the financial period FY24. This follows strong operating results buoyed by improved cocoa prices and an increased production from PNG Cocoa farmers.


The Company indicated a strong and positive result across its various divisions since listing in 2009.


Payments to Cocoa farmers increased from K64.5m to K318.6m in FY24. The company intends to focus on optimising its operations in FY25 and beyond.


The dividend will be paid on 15 April 2025. The dividend represents a trailing dividend yield of 15%. The stock last traded at K0.82 up from K0.60 at the commencement of FY24.



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