FCMB Group Proposes N0.15k Final Dividend for 2020 Financial Year

FCMB Group Plc has joined the list of companies declaring dividends as the leading bank announced N0.15k for every 50 kobo ordinary share for the financial year ended December 31, 2020.

The amount is subject to appropriate withholding tax and approval of shareholders at the next Annual General Meeting, the bank stated.

The approved amount will be paid to shareholders whose names appear in the Register of Members as at the close of business on Thursday, 8 April 2021.

“On Wednesday, 21 April 2021, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at the close of business on Thursday, 8 April 2021, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts,” said the leading bank.

However, shareholders who are yet to complete the e-dividend registration are advised to download the form from the Registrars’ website at www.cardinalstone.com, complete and submit it to the Registrars or their respective Banks.

FCMB grew profit after tax to N19.610 billion in 2020, while gross earnings hit N199.439 billion.