Stanbic IBTC H1 2020 Increases Profit By 25% To Pay Interim Dividend of 40k Kobo Per Share

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stanbic bank2Stanbic IBTC, a member of the Standard Bank Group has announced a half-year ended June 2020 profit after tax (PAT) of N45.2 billion. A 25 percent increase over PAT for the same period in 2019.

The bank has therefore decided to pay it’s shareholders an Interim Dividend of 40 Kobo per ordinary share of 50 kobo each, amounting to N4.20 billion subject to deduction of appropriate withholding tax and regulatory approval.

The dividend will however be paid electronically on Wednesday 30 September 2020 only shareholders whose names appear in the Register of Members as at the close of business on Tuesday 15 September 2020.

Shareholders who are yet to complete the e-dividend registration are thus advised to download the Registrar’s E-Dividend Mandate Activation Form, which is also available on the Registrars website:
https://firstregistrarsnigeria.com/download-forms/, complete the form, and submit to the Registrar or their respective Banks.

Shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact First Registrars & Investor Services Limited: Plot 2 Abebe Village Road, Iganmu,
Lagos; phone number 01-2701078-9; E-mail info@firstregistrarsnigeria.com;
website: www.firstregistrarsnigeria.com

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