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    FG approves 300% increase in electricity tariff

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    Trump secures U.S. – Japan strategic trade and investment agreement

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    • Africa
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    • Economic Data
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    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

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    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

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Fidelity Bank Plc to pay 25 kobo Interim Dividend for H1 2023

Tuesday, 5 September 2023, 6:45 pm
in Business, Companies
0
Dividend Stocks to watch on the Nigerian Exchange – Th case for Fidelity Bank Plc
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The Board of Directors of Fidelity Bank Plc (NGX: FIDELITYBK) has proposed an interim dividend f N0.25 (twenty-five kobo) per ordinary share of N0.50 each for the half-year period ended 30 June, 2023.

  • Also read; 
  • List of Dividends announced in 2023, qualification and payment dates
  • How to recover unclaimed dividends in Nigeria

The interim dividend will be subject to the appropriate withholding tax, which will be deducted at the time of payment.

A corporate action announcement released by the bank proposes the following important dates;

  • Qualification date: September 15, 2023
  • Payment date: September 22, 2023

For H1 2022, Fidelity Bank Plc proposed and paid an interim dividend of 10 kobo per ordinary shares.

On September 22, 2023 dividends will be paid electronically to shareholders whose names appear on the Register of Members as at September 15, 2023 and 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 also available on our website https://www.fidelifybank.n/wpcontent/upIoads/2016/04/Mandate-for-E-Dividend.pdf  complete and submit to the Registrar or their respective Banks.

Fidelity Bank Plc reported a profit after income tax of N61.9bn (H1 2022: N23.30bn) for the half-year period ended 30 June, 2023, and an Earnings per Share (EPS) of N1.94 (H1 2022: N0.80).

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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