Home Companies&Markets Stanbic IBTC Holdings PLC, Guaranty Trust announce appetizing dividend pay out

Stanbic IBTC Holdings PLC, Guaranty Trust announce appetizing dividend pay out

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GUARANTY was the most traded stock by volume and value

WED, SEPT 02 2020-theG&BJournal-An Interim Dividend of 40 Kobo per ordinary share of 50 kobo each, an equivalent of  N4,201,986,943.20, subject to deduction of appropriate withholding tax and regulatory approval, will be paid to shareholders whose names appear in the Register of Members as at the close of business on Tuesday 15 September 2020.

The Bank says the dividends will be paid electronically On Wednesday 30 September 2020, to shareholders whose names appear on the Register of Members as at close of Trading on Tuesday 15 September 2020, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

Likewise, Guaranty Trust Bank Plc has scheduled an interim dividend in the sum of 30 kobo per Ordinary of 50 kobo which is also subject to the deduction of appropriate withholding tax.

The Bank said the dividend will be paid on September 21, 2020.

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