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ZENITH BANK DIVIDEND
Zenith Bank founder and former chairman Jim Ovia is set to receive approximately N8.7 billion in interim dividends for the first half of 2026, following the bank's decision to increase its dividend payout to shareholders.
Zenith Bank Plc reported a profit before tax of N637.6 billion for the half-year ended June 30, 2026, a 1.9% increase from N625.6 billion in the same period of 2025.
At the 34th Annual General Meeting of Zenith Bank Plc, the Group Managing Director and Chief Executive Officer, Dame Dr. Adaora Umeoji, OON, delivered a strong message of confidence and commitment to shareholders, emphasizing the bank’s readiness to deliver higher and more sustainable dividends in the years ahead.
Zenith Bank has paid N109.9 billion in final dividend for the financial year (FY) 2023, representing a payment of N3.50 per ordinary share. The figure marks a 21% increase from N91 billion paid in final dividend for FY 2022.
Shareholders have lauded Zenith Bank Plc for its dividend payout after the tier-1 lender declared a final dividend of 280 kobo for FY 2018.