Zenith Bank Plc has announced that it will pay a final
dividend of N2.50 kobo for every share of 50 kobo for the financial year ended
Monday, December 31, 2018. The dividend payment is subject to appropriate
withholding tax and approval of shareholders.
The dividends will be paid by March 19, 2019, electronically
to shareholders whose names appear on the Shareholders’ Register as at March 8,
2019, and who have completed the e-dividend registration and mandated the
Registrar to pay their dividends directly into their Bank accounts.
Shareholders’ Register will be closed from Monday, March 11
to Friday, March 15, 2019, the Qualification Date has been scheduled to be
Friday, March 8, 2019.
This may be an exciting new for Zenith Bank’s Plc, as the
lender recorded laudable financial results for 2018 financial year, even though
their gross earning dipped.
The lender’s gross Earnings dipped from N745 billion in 2017
to N630 billion in 2018.
Profit before tax, however, rose from N199 billion in 2017
to N231 billion in 2018. Profit After Tax also rose from N173 billion in 2017
to N193 billion in 2018.
