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United Capital to pay N4.2 bn dividend to shareholders


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. ....

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