The Securities and Exchange Commission, SEC is a Government Agency Mandated to Regulate and Develop the Nigerian Capital Market
Plot 272, Samuel Adesujo Ademulegun Street, Central Business District , Abuja, FCT
3, Idejo Street, Opposite ICON House,
Off Adeola Odeku Street, Victoria Island
African Alliance House (4th Floor), F1, Sani Abacha Way/Airport Road, Opposite KLM Airlines
5b Isaiah Odolu Street, GRA phase 2
The number of times the net profit of a company ‘covers’ the dividend declared. Fast-growing companies, which need capital for reinvestment, are likely to have higher dividend cover than more mature ones.