By Modupe Gbadeyanka
The Board of Directors of United Bank for Africa (UBA) Plc has declared an interim dividend of 20k per share to its shareholders.
According to the board, this would be presented to shareholders for approval at the next Annual General Meeting (AGM).
“Pursuant to the powers vested in it by the provisions of section 379 of the Companies and Allied Matters Act (CAMA) of Nigeria, declared a dividend of N0.20/Share from the retained earnings account as at 30 June, 2017.
“This will be presented to shareholders for approval at the next Annual General Meeting,” the board disclosed in its audited half-year financial statements released today.
It added that, “Payment of dividend is subject to applicable withholding tax and payable to shareholders whose names appear on the Register of Shareholders on August 30, 2017.”
more recommended stories
Jaiz Bank to Raise Pay of Board Members by 100%
By Dipo Olowookere A non-interest bank.
Stakeholders Discuss Funding Manufacturing Sector at Standard Chartered Bank Forum
Standard Chartered Bank Nigeria Limited recently.
Ecobank Nigeria Celebrates ‘Africa Day’
Managing Director of Ecobank Nigeria, Mr.
Union Bank, Mama Moni Launch Training Scheme for Low-Income Women
By Modupe Gbadeyanka As part of.
Access Bank Threatens to Publish Names of Debtors in Newspapers
**Bar Them from Banking System, Forex,.
No Plan to Remove Paul Usoro from Board—Access Bank
By Modupe Gbadeyanka Last year, the.
Stanbic IBTC Wins Regional Awards in Pension, Wealth Management
Stanbic IBTC Holdings PLC’s entities have.
How Distressed Oil Sector Loans Damaged Diamond Bank
More facts have emerged on the.