Access Bank Board Approves Payment of Interim Dividend

By Modupe Gbadeyanka

The board of directors of Access Bank Plc has approved the payment of interim dividend for the period ended June 30, 2017.

A statement issued on Thursday, July 26, 2017, and signed by the company’s Secretary, Mr Sunday Ekwochi, disclosed that the approval came during a meeting of the board yesterday.

Also during the meeting on Wednesday, the board considered and approved the Group’s 2017 half year results and reports.

“This is to notify the Nigerian Stock Exchange (NSE) and the investing public that the board of directors of Access Bank Plc met on Wednesday, July 26, 2017 and considered and approved the Group’s 2017 Half Year results and reports and the payment of an interim dividend,” Mr Ekwochi said in the statement.

However, he emphasised that these resolutions are “subject to the approval of the Central Bank of Nigeria.”

Mr Ekwochi concluded that, “The announcement of the results shall be made upon our receipt of the CBN’s approval of same.”

At the 206 Annual General Meeting (AGM) of Access Bank Plc earlier this year, shareholders of the lender approved the final dividend of 40 kobo per ordinary share of 50 kobo each.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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