Guaranty Trust Holding Company to pay N8.83 billion interim dividend for H1 2022

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 2022.

The dividend with a qualification date of Tuesday, September 20, 2022 is subject to appropriate withholding tax.

Although GTCO saw its profit after tax decline by 2.34% to N77.56 billion in H1 2022, compared to the H1 2021 figures, the company maintained its interim dividend payment.

On Friday, September 30, 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.

GTCO’s registrar is Datamax Registrars Ltd. The e-dividend mandate form can be downloaded from the registrar’s website or the Securities and Exchange Commission (SEC) website.

GTCO has 29,431,179,224 outstanding shares with a market capitalization of N585.68 billion.

At the close of trading on Monday, the equity price of GTCO rose by 0.51% to N19.90 per share. YTD the share price is down by 23.85%. The 52-week high and low prices are N30.00 and N18.90 per share respectively.

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