Smart Products Nigeria Plc has declared a dividend of NGN 22.5 per ordinary share of 50 kobo to its shareholders. The dividend which amounts to NGN 10.125 million compared with NGN 9 million paid in the previous year is subjected to deduction of appropriate withholding tax at the time of payment.

The company announced earnings results for the fiscal year 2013. For the period, the company's turnover rose to NGN 44.6 million representing NGN 10.447 million above the turnover for the year under review. The company recorded a profit before tax of NGN 19.336 million for the year under review compared to profit before tax of NGN 14.813 million recorded in 2012.