The Board of Directors of United Bank for Africa Plc (NGX: UBA) has proposed an interim dividend of 20 kobo for every 50 kobo ordinary share for the period ended 30 June 2021.
The proposed dividend which amounts to N6.84 billion is subject to appropriate withholding tax.
The dividend will be paid to shareholders whose names appear in the Register of Members as at the close of business on Thursday, September 23, 2021, according to the corporate action published on the Nigerian Exchange.
On Thursday, September 30, 2021, the interim dividend 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.
United Bank for Africa Plc’s Registrar is Arica Prudential. The e-dividend mandate form can be downloaded or filled on the registrar’s website or SEC’s website and on the Securities and Exchange Commission (SEC) website.
In H1 2021, UBA Plc grew its profit for the period by 36.35% to N60.58 billion.
The equity price is up by 0.66% at N7.65 per share on the floor of the Exchange on Monday.
UBA Plc has 34,199,421,368 outstanding shares with a market capitalization of N261,625,573,465.2 at the time of writing this report.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.