Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share

Nairaland Nairaland Forum

Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share Feb 26th 2013, 07:42 Zenith Bank To Reward Shareholders With 1.50 Naira Reliable insider information has revealed that Zenith Bank Plc would reward its shareholders with N1.50 dividend for the year ending December 2012. This is due to an impressive performance in 2012. Zenith Bank had in the nine-month ended September 30, 2012, given indication of a bounteous harvest with impressive results. The bank ended the nine months with profit before tax of N75 billion and profit after tax of N64 billion. "The board of the bank has met, looked at the results and has made their dividend recommendation. The accounts are with the Central Bank of Nigeria (CBN) for approval and what I can tell you is that shareholders should expect an increase of over 30 per cent in dividends for the 2012 financial year," http://allafrica.com/stories/201302111515.html

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions