Investors received GH¢37bn in dividends, nearly GH¢800m in bond coupons – GSE MD
Investors in companies listed on the Ghana Stock Exchange received GH¢37 billion in dividends over the past 12 months, while investors in corporate bonds and commercial paper earned nearly GH¢800 million in coupon payments, Managing Director of the Ghana Stock Exchange, Abena Amoah, has disclosed. She said the figures demonstrate the growing role of Ghana’s capital market in creating wealth for…
Over the past year, investors on the Ghana Stock Exchange (GSE) earned substantial returns through dividends and bond coupon payments, according to the GSE's Managing Director, Abena Amoah. The exchange reported that GSE-listed companies paid out GH¢37 billion in dividends to their shareholders, while investors in corporate bonds and commercial paper received nearly GH¢800 million in coupon interest payments.
Amoah emphasized the capital market's role in wealth generation and its importance in providing businesses with access to long-term financing. The disclosure comes at a time when the GSE is encouraging more companies to consider the capital market as an alternative funding source to traditional bank loans. Since its inception in 2015, the GSE's corporate bond market has attracted 15 corporate issuers who have raised a combined GH¢24 billion.
Amoah highlighted pension funds as a significant source of capital in Ghana, which manage over GH¢120 billion in assets and could support businesses seeking financing. She urged more Ghanaian companies to tap into the capital market to benefit from the exchange's potential in funding economic growth.
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