Guaranty Trust Holding Company PLC will pay shareholders a total dividend of N88.293 billion, translating to N3.0 for every share.
of 50kobo, the firm said in a document published on the Nigerian Exchange Limited website and seen by PREMIUM TIMES on Friday.
GTCO paid 30 kobo interim dividend for the first half of the year, and will now pay a final dividend of N2.70 per ordinary share of 50 kobo.
GTCO in 2020 paid N83.1billion as total dividend to shareholders, translating to N3.0 per share while in 2019 it paid N81.01 billion, which translates to N2.8 per share.
ALSO READ: GTCO acquires Investment One’s subsidiaries
In 2018 and 2017, it rewarded shareholders with a total dividend of N2.75 and N2.7 respectively.
The company said withholding tax would be deducted at the point of payment of the dividend.
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: Call Willie - +2348098788999