{"id":472484,"date":"2021-06-28T13:37:20","date_gmt":"2021-06-28T13:37:20","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=472484"},"modified":"2021-06-28T13:37:20","modified_gmt":"2021-06-28T13:37:20","slug":"dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/06\/28\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\/","title":{"rendered":"Dividends: 889 million FCFA in favor of the shareholders of the company SETAO"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The shareholders of the Company for West Africa Studies and Works (SETAO), a subsidiary of the Bouygues group and specializing in consulting and engineering services in the field of Building and Public Works (BTP) , will receive on July 16, 2021, for fiscal year 2020, an overall net dividend of 889.056 million FCFA (1.333 million euros), announced the managers of this Abidjan-based company.<\/p>\n<p>Compared to the 13,440,000 shares that make up the company&#8217;s share capital, the net dividend per share is 66.15 FCFA. It should be noted that for several years, SETAO had not distributed dividends. This dividend to be allocated to shareholders represents 132.3% of the nominal value of the share, which is 50 FCFA.<\/p>\n<p>SETAO&#8217;s 2020 financial year was a prosperous one, with after-tax profit up sharply by 168%. This profit amounted to 2.321 billion FCFA against 866 million FCFA as of December 31, 2019. The turnover had also jumped 6.623 billion to 15.900 billion FCFA against 9.277 billion FCFA in 2019.<\/p>\n<p>The same upward trend was noted at the level of added value which had increased by 80.59% to 6.348 billion FCFA against 3.515 billion FCFA in 2019. For its part, the gross operating surplus of the company had increased. a big jump of 241% with an achievement of 3.871 billion FCFA against 1.135 billion FCFA on December 31, 2019. The operating result had followed the same trend, registering a 217% increase to 3.108 billion FCFA against only 978.905 million FCFA in 2019.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The shareholders of the Company for West Africa Studies and Works (SETAO), a subsidiary of the Bouygues group and specializing in consulting and engineering services in the field of Building and Public Works (BTP) , will receive on July 16, 2021, for fiscal year 2020, an overall net dividend of 889.056 million FCFA (1.333 million<\/p>\n","protected":false},"author":536282,"featured_media":472485,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12040,12046],"tags":[19198,17519,18654,18716,19199],"class_list":["post-472484","post","type-post","status-publish","format-aside","has-post-thumbnail","category-international-institutions","category-leaders-en","tag-889-million-fcfa","tag-dividends","tag-favor","tag-the-company-setao","tag-the-shareholders","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dividends: 889 million FCFA in favor of the shareholders of the company SETAO - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/06\/28\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-28T13:37:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/06\/siege-bouygues-telecom-technopo-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"392\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Dividends: 889 million FCFA in favor of the shareholders of the company SETAO\",\"datePublished\":\"2021-06-28T13:37:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/\"},\"wordCount\":227,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/siege-bouygues-telecom-technopo-1.png\",\"keywords\":[\"889 million FCFA\",\"dividends\",\"favor\",\"the company SETAO\",\"the shareholders\"],\"articleSection\":[\"International Institutions\",\"Leaders\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/\",\"name\":\"Dividends: 889 million FCFA in favor of the shareholders of the company SETAO - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/28\\\/dividends-889-million-fcfa-in-favor-of-the-shareholders-of-the-company-setao\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/siege-bouygues-telecom-technopo-1.png\",\"datePublished\":\"2021-06-28T13:37:20+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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