United Bank for Africa (UBA) has released its half year ended 2020 financial statement to the public. The result published by the Nigerian Stock Exchange (NSE) revealed a drop in Profit After Tax (PAT) by 22 percent to N44.4 billion.
Meanwhile, the bank will be paying its shareholders an interim dividend of N0.17 for every ordinary share of 50 kobo each, subject to applicable
withholding tax. The H1 2020 interim dividend is 3k less that the 20k interim dividend paid to shareholders in H1 2019.
The bank in its release mentioned that only shareholders whose names appear in the Register of Members as at the close of business on Tuesday, September 15, 2020 will be eligible for the H1 2020 interim dividend.
The interim dividend will be paid electronically on Wednesday, September 23, 2020 to shareholders whose names appear on the Register of Members as at close of business on on the said date and 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 however advised to download the Registrar’s E-Dividend Mandate Form, which is available at http://www.africaprudential.com, complete and submit to the Registrar at Africa Prudential Plc, 220b, Ikorodu Road, Palmgrove, Lagos. or any UBA Branch or their respective banks.
Shareholders are also advised to update their records with the Registrar as may be required. The Shareholder Data Form is also available on the Registrar’s website at www.africaprudential.com. Duly completed forms should be returned to the Registrar or any UBA Branch. Alternatively, scanned completed forms can be sent to email@example.com or
Shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar.