Dividends

Zenith Bank to Pay N9.419 Billion in Interim Dividend for H1 2022

Following a positive first half (H1) of the year’s performance, Zenith Bank has announced an interim dividend of N9.419 billion for all shareholders of the bank.

The lender announced in a statement signed by Michael Osilama Otu, Esq, Company Secretary and General Counsel for Zenith Bank.

According to the bank, it will pay an interim dividend of 30 kobo for every share of 50 kobo to all shareholders whose names appear in the Register of Members as at the close of business on the 6th day of September 2022.

The amount translates to N9.419 billion if 31,396,493,786 issued shares of Zenith Bank is multiply 30 kobo.

Zenith Bank will close the register of shareholders on September 7, 2022 to enable the registrars prepare for payment of dividends.

Therefore, payment will be paid electronically to shareholders whose names appear on the Register of Members as at September 6, 2022 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts. Please note that 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 also available on the website of the Registrars, www.veritasregistrars.com.

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

President Tinubu Orders Release of Minors Prosecuted for #BadGovernance Protests

Following a recent viral video on the X app regarding the prosecution of minors who…

2 hours ago

Nigerian Army Seizes 700,000 Liters of Stolen Petroleum in Sweeping Raid Across Four States

In a series of raids across Rivers, Bayelsa, Akwa Ibom, and Delta states, troops from…

2 hours ago

Persistent Service Disruptions In Banks Paralyze Activities At Ports, Many Cargoes Trapped 

Activities at the Apapa and Tin-Can Ports in Lagos State have been paralyzed as cargoes…

2 hours ago

MTN Nigeria Strengthens Working Capital By Raising N50bn In New Commercial Paper

MTN Nigeria Communications PLC (MTN Nigeria) has disclosed plans to raise N50 billion through its…

2 hours ago

OPEC+ Supply, Trump-Harris Election Face Off Lend Support to Oil Prices

The decision of the Organisation of the Petroleum Exporting Countries and its allies, OPEC+ to…

2 hours ago

FBN Holdings To Invest N103.1bn In Corporate, Retail Businesses

As part of means of actualizing its expectation of raising N150 billion from its existing…

17 hours ago