Banking Sector
Zenith Bank Declares N2.70k Final Dividend for 2020
Zenith Bank Declares N2.70k Final Dividend for 2020
Zenith Bank on Tuesday announced a final dividend of N2.70k per share of 50k for the financial year ended December 31, 2020.
The total dividend for the financial year now stood at N3.00k, Zenith Bank disclosed this in the statement released through the Nigerian Stock Exchange.
The amount is subject to appropriate withholding tax and approval. Payment will be made to shareholders whose names appear in the Register of Members as at the close of business on the 8th day of March, 2021.
Zenith announced Register of Shareholders will be closed on March 9, 2021.
The qualification date remains March 8, 2021.
On the payment date, the bank said payment will be made electronically on March 16, 2021 to shareholders whose names appear on the Register of Members as at March 8, 2021 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 subsequently.