comparemela.com

Latest Breaking News On - பங்குதாரர்கள் ஆஃப் உச்சம் வங்கி ப்ல் - Page 1 : comparemela.com

Zenith Bank shareholders endorse N94 19bn total dividend for 2020

Zenith Bank shareholders endorse N94 19bn total dividend for 2020
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

Excitement, Commendations as Zenith Bank Pays N94 2bn Dividend

By Goddy Egene Shareholders of Zenith Bank Plc yesterday approved the payment of proposed N94.19 billion dividend for the year ended December 31, 2020. The shareholders commended the board and management of the bank for the improved financial results and dividend payment, which translated to N3.00 per share. An interim dividend of N0.30 was paid last year while a final dividend of N2.70 was recommended and would be paid after the approval by the shareholders. The shareholders were excited that despite a challenging macroeconomic environment exacerbated by the COVID-19 pandemic, Zenith Bank Plc posted gross earnings of N696.5 billion, which showed an increase of 5 per cent from N662.3 billion reported in the previous year.

Zenith Bank shareholders okay N94 2bn dividend

Zenith Bank shareholders okay N94.2bn dividend On Kindly Share This Story: By Peter Egwautu Shareholders of Zenith Bank Plc, yesterday, endorsed the N94.19 billion dividend proposed by its board of directors for the financial year ended December 31, 2020, translating to a dividend per share of N3.00 after paying 50 kobo per share interim dividend. The shareholders at the at the 30th Annual General Meeting of the Bank held at the Civic Centre, Victoria Island, Lagos, unanimously approved the audited financial statement for the year 2020 as well as all the resolutions proposed at the meeting. According to the audited financial results, profit before tax (PBT) rose by five per cent to N255.9 billion from N243.3 billion reported in the previous year despite a challenging macro-economic environment exacerbated by the COVID-19 pandemic.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.