The Nestlé Côte d'Ivoire stock in a position for solid growth on the BRVM. With a 6000% increase in its net profit at the end of the first half of 2020, the company confirmed with a first dividend since 2016, which offered record profitability on the

After a record figure of 173 billion FCFA in 2020, up 694.1%, the company ended the 2020 financial year with a net profit of 20.8 billion FCFA. The value of Nestlé Côte d'Ivoire shares, which was 625 FCFA at the end of the trading session of April 21, 2021, up 6.8%, should increase further in the coming weeks.
This result represents 1.5 times its stock market value. For investors, this means that the gain is greater than the value of the investments they have made. Over the last 12 months, Nestlé CI shares have grown by more than 200%, generating capital gains for those who have invested in them, at which time the company announced a 59% increase in net profit.
It has been proposed that a dividend of nearly 9 billion FCFA be distributed to its shareholders. For the public, which owns 19.14% of the company's shares in the BRVM, this represents a prize pool of 1.53 billion FCFA to be shared. Above all, this represents a return of 58% based on the closing price on 21 April, compared to the average market return, which was 7.7%