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By UMORU ABDULKADIR
Guaranty Trust Bank Plc (GTB) has declared an interim dividend of 30 kobo per ordinary share of 50 kobo for the period ended June 30, 2019.
The dividend will be paid September 11 to registered shareholders after due approval and appropriate withholding tax deductions. The ordinary shareholders and holders of the bank’s Global Proposed Dividend (GDR) listed on the London Stock Exchange will receive their dividend payment on a date to be announced subsequently.
The Register of Ordinary Shareholders will be closed on Tuesday, September 3, 2019, while the Register of GDR holders will be closed on August 27, 2019. Similarly, the bank has scheduled its Qualification Date for September 2, 2019.
The lender’s revenue for the 2019 half-year stood at N146.4 billion as against N160 billion recorded at the same period in 2018.
Similarly, the company’s gross earnings slipped from N226.6 billion in 2018 to N221.9 billion in 2019.
Profit Before Tax (PBT) increased from N109.6 billion in 2018 to N115.8 billion in June 2019. Profit After Tax (PAT) rose from N95.6 in 2018 N99.1 billion in 2019.
BADEJO ADEMUYIWA has 23 years experience as a Finance Writer, specialising in Insurance and Investigative Reporting.
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