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Zenith Bank Plc declares ₦1.25 interim dividend for H1 2025

Thursday, 18 September 2025, 2:45 pm
in Business, Companies
0
Dividend Stocks to watch on the Nigerian Exchange – The case for Zenith Bank Plc
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Zenith Bank Plc (NGX: ZENITHBANK) has declared an interim dividend of ₦1.25 per share for the period ended 30th June 2025, subject to appropriate withholding tax.

Also read; MTN Nigeria gets approval to lease T2 Mobile frequency spectrum

The Board of Directors, pursuant to the powers vested in it by the provisions of section 426 of the Companies and Allied Matters Act (CAMA 2020) of Nigeria, proposed an interim dividend amounts to ₦1.25 per share (2024: Interim dividend of ₦1 per share) from the retained earnings accounts as at 30 June 2025.

This will be presented for ratification by the shareholders at the next Annual General Meeting. Payment of dividends is subject to withholding tax rate of 10% in the hands of qualified recipients.

On October 10, 2025, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at October 3, 2025, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts. GDR holders will be paid after this date.

Zenith Bank Plc reported a gross earning of ₦2.52 trillion (H1 2024: ₦2.10 trillion) for the first half of 2025, and a profit after tax of ₦532.18 billion (H1 2024: ₦577.85 billion), with a basic and diluted earnings per share of ₦12.95 (H1 2024: ₦18.41).

As at 30 June 2025, the financial services company held ₦2.45 trillion (31 Dec. 2024: ₦2.01 trillion).

About Zenith Bank Plc

Zenith Bank Plc was incorporated in Nigeria under the Companies and Allied Matters Act as a private limited liability company on May 30, 1990. It was granted a banking licence in June 1990, to carry on the business of commercial banking and commenced business on June 16, 1990.

The Bank is domiciled in Nigeria and was converted into a Public Limited Liability Company on May 20, 2004. The Bank’s shares were listed on October 21, 2004 on the Nigerian Stock Exchange. In August 2015, the Bank was admitted into the Premium Board of the Nigerian Stock Exchange.

The registered office adress of the company is Plot 84/87 Ajose Adeogun street, Victoria Island, Lagos.

The principal activity of the Bank is the provision of banking and other financial services to corporate and individual customers. Such services include granting of loans and advances, corporate finance and money market activities.

The Bank has six subsidiary companies namely; Zenith Bank (Ghana) Limited, Zenith Bank (UK) Limited, Zenith Bank (Sierra Leone) Limited, Zenith Bank (The Gambia) Limited, Zenith Pensions Custodian Limited and Zenith Nominees Limited. The Bank also has a representative office in China in addition to operating a branch of Zenith Bank (UK) Limited in the United Arab Emirates and also in France

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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