Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Financial Services

Zenith Bank declares final dividend of N84.8 billion for shareholders

Chidi EmenikebyChidi Emenike
2 years ago
in Financial Services, Stock Market
Zenith Bank Plc
Share on FacebookShare on TwitterShare on Linkedin

The Board of Directors of Zenith Bank Plc has announced the payment of a final dividend of N2.70 for every share of 50k held by shareholders, amounting to a total of N84.8 billion for the year ended 2020.

This is according to a disclosure signed by the company’s secretary, Michael Osilama Etu and sent to the Nigerian Stock Exchange.

According to the notification, the final dividend will be paid electronically to shareholders on the 16th of March, 2021, subject to appropriate withholding tax and approval from the Company’s Annual General Meeting. Other pre-requisite conditions for payment are;

  • Only shareholders whose names appear in the registrar of members as at the close of business on 8th of March, 2021 will be considered.
  • Shareholders must have completed the e-dividend registration and must have mandated the Registrar (Veritas Registrar Limited) to pay their dividends directly into their bank accounts.
  • In lieu of this, it is pertinent to note that the register of shareholders will be closed on 9th of March, 2021.

Zenith Bank Plc had earlier paid an interim dividend of 30k to its qualified shareholders on 22nd of September, 2020, thereby raising the total dividend declared by the financial giant in 2020 to N3.00, indicating an increase of about 7.1% when compared to the total dividend of N2.80 declared in 2019.

What you should know

  • Zenith Bank reported a profit before tax of N255.9 billion for FY 2020, indicating a growth of 5.2% YoY
  • It also posted a Profit After Tax figures of N230.6 billion for the period under review, indicating a growth of 10.4% YoY.
  • It has total shares outstanding of 31,396,493,787 and officially closed trading today with a share price of N26.

Related

Tags: Zenith Bank Plc

Comments 6

  1. mador d y says:
    February 23, 2021 at 9:19 pm

    well done Zenith bank you Are doing a swell job.keep it up.

    Reply
  2. Chigozie says:
    February 23, 2021 at 11:57 pm

    kudo’s to the Bank zenith,for a remarkable year with such declaration of a stressed pandemic year where people finds it difficult but the bank was able to declare, I think the bank what appraised.
    congratulations to the management of the bank

    Reply
  3. Bob Ugee says:
    February 24, 2021 at 10:09 am

    This is commendable! Congratulations to all the entire management staff of Zenith Bank Plc. The Company has demonstrated to be a good steward and trusted partner.

    Reply
  4. Anonymous says:
    February 24, 2021 at 4:28 pm

    Waw, good job keep it up and congratulations to you all wish you the best amen.

    Reply
  5. Tunga Nathaniel Joshua says:
    March 10, 2021 at 11:26 am

    Congratulations to the entire management staff for job well-done. Looking forward for the dividends. Thank you.

    Reply
  6. David says:
    March 18, 2021 at 7:08 am

    The dividend is still yet to be paid. It’s 18th March Already. What’s going on??

    Reply

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Why it is very difficult to make real return if you are investing in Nigeria – Kalu Aja
  • Cheta Nwanze elaborates on how to take advantages of the opportunities in Nigeria, ‘japa’, Open AI
  • Kenya withdraws financial impropriety case against Flutterwave

Follow us on social media:

Recent News

It is very difficult to make a real return if you are investing in Nigeria- Analyst

Why it is very difficult to make real return if you are investing in Nigeria – Kalu Aja

February 4, 2023
How to take advantage of the opportunities in Nigeria, ‘Japa’, Open AI- Cheta Nwanze

Cheta Nwanze elaborates on how to take advantages of the opportunities in Nigeria, ‘japa’, Open AI

February 4, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds

© 2023 Nairametrics