United Bank for Africa Plc (UBA) has announced a final dividend of N3.00 per share for the financial year ended December 31, 2024, bringing the total dividend for the year to N5.00 per share, subject to applicable withholding tax.
The dividend announcement follows the Group’s impressive full-year 2024 performance, where it recorded a profit after tax of N766.57 billion, up from N607.70 billion in 2023.
The result reflects a solid earnings growth trajectory driven by higher interest income, improved asset quality, and cost-efficiency across its operations in Africa and beyond.
According to a corporate action statement filed with the Nigerian Exchange Limited (NGX), the Register of Members will close on Monday, April 14, 2025, with the qualification date set for Friday, April 11, 2025. Only shareholders whose names appear in the register as at the close of business on the qualification date will be eligible to receive the dividend.
UBA also confirmed that the final dividend will be paid electronically on Friday, April 25, 2025, to shareholders who have completed their e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.
Shareholders who are yet to complete the e-dividend registration process have been advised to download the mandate form from www.africaprudential.com, or visit any UBA branch, their respective banks, or contact the Registrar—Africa Prudential Plc—to regularise their dividend payment mandates. Completed forms can also be submitted via email to cxc@africaprudential.com or investorrelations@ubagroup.com.
UBA further urged shareholders with unclaimed dividend warrants or physical share certificates to update their records and engage the Registrar for validation and processing.
The bank’s Annual General Meeting (AGM) has been scheduled to hold at Transcorp Hilton Hotel, Abuja, at 10:00 A.M on Friday, April 25, 2025—the same day as the final dividend payment.
