Stock Market

Zenith Bank Declares 30 Kobo Interim Dividend for H1 2020

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.

Samed Olukoya

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.

Share
Published by
Samed Olukoya

Recent Posts

Discordant Tunes Greet 50% Tariff Hike As Subscribers Threaten To Sue NCC

Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs…

13 hours ago

Beatrice Ekweremadu Returns to Nigeria After Serving Sentence in UK

Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned…

13 hours ago

Nigeria Expands Refining Capacity with MRO Energy’s Delta State Refinery

The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval…

14 hours ago

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

14 hours ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

15 hours ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

16 hours ago