Zenith Bank Plc, Nigeria’s biggest tier 1 lender by has released its half year ended June 2020 financial statement. The Bank’s Profit After Tax (PAT) grew by 17 percent Year-on-Year to N103.8 billion, the highest amount declared by any Nigerian lenders in 6 months
Subsequently, the bank has proposed Interim Dividend of 30k for every share of 50K, subject to appropriate withholding tax to be paid to shareholders whose names appear in the Register of Members as at the close of business on the 16th day of September, 2020.
The Bank’s registration of shareholders to benefit from the interim dividend will be closed on September 17, 2020 to enable he Registrars prepare for payment of dividend
Dividend will however be paid electronically on September 22, 2020, to shareholders and Global Depository Reciept (GDR) holders whose names appear on the Register of Members as at September 16, 2020 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 advised to download the Registrar’s E-Dividend Mandate Activation Form which is available on the website of the Registrars: www.veritasregistrars.com, complete and submit to the Registrar or their respective Banks.
The bank advised 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.