GTBank to Pay Shareholders Interim Dividend of 30 Kobo

August 16, 2019
GTBank to Pay Shareholders Interim Dividend of 30 Kobo

By Adedapo Adesanya

The board of Guaranty Trust Bank (GTBank) Plc has proposed to pay N30 kobo per ordinary share of 50 kobo to shareholders as dividends for half year ended June 30, 2019.

In a notice to the Nigerian Stock Exchange (NSE) on Friday, the bank said the payment would only be made to shareholders whose names appear in its registers of members as at the close of business on Monday, September 2, 2019.

In the disclosure signed by the company’s secretary, Erhi Obebeduo, GTBank further said for holders its Global Depository Receipts (GDR), the qualification date is Monday, August 26, 2019.

It also disclosed that the register of members would be closed on Tuesday, September 3 for ordinary shareholders, while that of GDR holders would be closed a week earlier, Tuesday, August 27, 2019.

The bank has advised its shareholders yet to complete their electronic dividend registration with the registrar to do so to enable them get payment of the interim dividend directly into their bank accounts on Wednesday, September 11, 2019.

It said this E-Dividend Mandate Form can be obtained on the website of the registrar, Datamax Registrars Limited. After completing the form, it can then be submitted to the registrar or their banks for processing.

GTBank also told shareholders with unclaimed dividends and share certificates to complete their electronic registration.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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