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Following the publication of its financial performance for FY2022, United Capital Plc, a leading Pan-African financial services conglomerate, held its Annual General Meeting on Monday, March 27, 2023, at Transcorp Hilton Hotel, Abuja.
United Capital to pay N4.2 bn dividend to shareholders
Shareholders whose names feature in the company’s register of members as of the close of business on March 5 will be in the frame for the dividend payout.
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United Capital Plc will reward shareholders with a total dividend payout of N4.2 billion, translating to N0.70 per every ordinary share held for Full Year 2020, the investment banker said Thursday.
That is, however, subject to appropriate withholding tax and shareholders’ go-ahead to be obtained at the firm’s forthcoming annual general meeting, according to the resolution reached by its board of directors on Wednesday.