Zenith Bank Plc has announced a final dividend of N2.80 per 50 kobo ordinary share, for the financial year ended 31 December, 2021.
This brings the total dividend for the financial year ended December 31, 2021 to N3.10, as the bank paid an interim dividend of N0.30 per share.
The final dividend with a qualification date of March 25, 2022, is subject to appropriate withholding tax and shareholders’ approval at the Annual General Meeting.
If approved, the dividend which amounts to N87.91 billion will be paid electronically to 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 do so.
Zenith Bank plc reported a profit after tax of N244.56 billion in 2021 up from N230.57 billion posted in 2020.
Zenith Bank has 31,396,493,786 outstanding shares. The share price is up by 0.56% to N27.10 per share at the time of writing this report.
YTD the equity price it is up by 7.8%%. The 52-week high and low prices are N27.50 and N19.5 per share respectively.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.