Breaking: Zenith Bank Nets N193bn Profit, Offers N2.50 Dividend

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Zenith Bank Plc, on Tuesday presented its much awaited audited financials for the year ended December 31, 2018, indicating that although there was a drop in earnings income, profit after tax soared to N193.147bn, up from the previous year’s N173.472bn.

This represented Earnings Per Share of N6.15, as against the previous N5.53, out of which the directors have proposed a dividend per share of N2.50, same as previous full-year, bringing total payout for the 2018 financial year to N2.80 per share, considering the 30 kobo interim dividend earlier paid.

While qualification date is March 8, 2019, payment date is March 19. No date is fixed yet for the Annual General Meeting.

https://investdata.com.ng/2019/02/breaking-zenith-bank-nets-n193bn-profit-offers-n2-50-dividend/

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