On Friday 3rd July 2020, Zenith Bank Plc notified the Nigerian Stock Exchange and the Investing public that the Board of Directors of the Bank is schedule to meet on Thursday 23rd July, 2020. The announcement is in line with listing regulations of the Nigerian Stock Exchange for quoted companies.
On the agenda for the meeting is a consideration of the Group’s Audited Financial Statements for the half year ended June 30, 2020 and also the proposal for recommendation of interim dividend for shareholders, amongst others.
Zenith Bank Plc has a consistent dividend payout history. The bank has paid interim dividends consistently since 2017, paying 30 kobo interim dividendd in 2018 and 2019 financial years.
ZENITHBANK went further to declare the commencement of the closed period for trading in the Bank’s shares from July 6, 2020 in respect of the Audited Financial Statements for the half year ended June 30, 2020. The closed period will run until 24 hours after the Audited accounts is released to the public.
Accordingly, no Director, employee, person discharging managerial responsibility and adviser of the Bank and their connected persons may directly or indirectly deal in the shares of the Bank in any manner during the closed period.
Zenith Bank Plc Group reported a marginal growth in profit after tax in the first quarter ended 31st March, 2020; N50.526 billion in Q1 2020 against the N50.234 billion reported in the same period in 2019.