Guaranty Trust Holding Company Plc (NGX: GTCO) has announced a 30 kobo interim dividend per 50 kobo ordinary share for the period ended 30 June 2021.
The dividend with a qualification date of Monday, September 27, 2021 is subject to appropriate withholding tax.
Although GTCO saw its profit after tax decline by 15.8% to N79.41 billion in H1 2021, compared to the H1 2020 figures, the company maintained its interim dividend payment.
On Tuesday, October 12, the dividend which amounts to N8.83 billion will be paid electronically to qualified 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, complete and submit to the Registrar or their respective Banks.
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GTCO has 29,431,179,224 outstanding shares. It is the 6th most capitalized listed company on the Nigerian Exchange with a market capitalization of N796.11 billion.
At the close of trading on Friday, the equity price of GTCO fell by 0.18% to N27.05 per share. YTD the share price is down by 16.23%. The 52-week high and low prices are N38.20 and N24.3 per share respectively.
During the first half of the year, Guaranty Trust Bank Plc restructured and converted into Guaranty Trust Holding Company Plc, which would hold the Bank, the Banking Subsidiaries and other permissible non-banking entities.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.