FBN Holdings Plc has announced a N0.35 per share dividend, for the year ended December 31, 2021. This is 10 kobo less than the N0.45 it paid for the year ended December 31, 2020.
The dividend with a qualification date of June 13 is subject to appropriate withholding tax and shareholders’ approval at the company’s next Annual General Meeting.
If approved, the dividend which amounts to N12.56 billion will on June 21 be paid electronically to Shareholders who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.
Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form which is available of the Registrars website. The Registrar is Meristem Registrars.
FBN Holdings’ AGM will be held at The Oriental Hotel, 3 Lekki- Epe Expressway, Victoria Island, Lagos on Monday, June 20, 2022.
The share price of FBNH is up 5.12%, trading at N11.30 per share on the floor of the Nigerian Exchange at the time of writing this report.
FBNH has 35,895,292,792.00 outstanding share and a market capitalization of N405.62 billion.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.