The share prices of Zenith Bank Plc (NSE ticker – ZENITHBANK) and Honeywell Flour Mill Plc (NSE ticker – HONYFLOUR) were adjusted today, Thursday 17 September 2020 for dividends as recommended by their respective board of directors.
Zenith Bank Plc
The board of directors of the company had proposed an interim dividend of 30kobo per 50kobo ordinary share for the half-year period ended 30 June 2020.
ZENITHBANK’s ex-dividend price on the Nigerian Stock Exchange (NSE) on Thursday is N16.70, following a closing price of N17.00 on Wednesday.
The interim dividend, subject to appropriate withholding tax will be paid electronically on 22 September to shareholders whose names appear on the Register of Members as at the close of business on the 16th day of September 2020, who have completed e-dividend registration.
At the time of this report, ZENITHBANK has appreciated by 0.60% (N0.10) to N16.80 per share.
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Honeywell Flour Mill Plc
The board of directors of the company proposed a final dividend of 4kobo for the year ended 31 March 2020.
HONYFLOUR’s ex-dividend price on Thursday is N0.92 per share following a close of N0.96 on Wednesday.
The company will hold its General Meeting on Wednesday 30 September 2020, if approved, the dividend will be paid electronically on Wednesday 30 September to shareholders whose names appear on the Register of Members as at the close of business on the 16th day of September 2020 who have completed e-dividend registration.
Written by;
Ifunanya Ikueze
