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Business & Finance

GTBank Approves N52bn Dividend for Shareholders

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Guaranty Trust Bank Plc at its Annual General Meeting (AGM) on Tuesday have approved a total dividend payout of N52.09 billion for shareholders for the 2015 financial year.

During the 2015 financial year, GTB’s board of directors declared and paid an interim dividend of 25 kobo per share and a final dividend of N1.52, bringing the total dividend per share to N1.77 per share, which amount to total dividend payout of N52.09.

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Notable shareholders’ activists and leaders who spoke at the meeting praised the bank for also keeping the policy of paying interim dividend and also improving on the dividend of 177 kobo paid in the last financial year.

They also applauded the management of the bank for its policy of constantly paying them dividend.

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