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Zenith Bank Declares 30 Kobo Interim Dividend for H1 2020

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Ebenezer Onyeagwu - Investors King

Zenith Bank to Pay Investors 30 Kobo Dividend for H1 2020

Zenith Bank Plc has declared an interim dividend of 30 kobo for every share of 50 kobo for the period ended June 30, 2020.

The bank, in a statement published through the Nigerian Stock Exchange, said only shareholders whose names appear in the Register of Members as at the close of business on the 16th day of September 2020 will be paid.

On closure date, the bank said the Register of Shareholders will be closed on September 17, 2020 to allow enough time to prepare for the payment of dividends.

Zenith bank said “on September 22, 2020 dividends will be paid electronically to shareholders whose names appear on the Register of Members as at September 16, 2020 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts. GDR holders will be paid after this date.

However, shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form, which is available on the website of the Registrars: www.veritasregistrars.com, complete and sub, it to the Registrars or their respective Banks.

This is coming after the bank reported an impressive N104 billion profit after tax for the period ended June 30, 2020.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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