GTCO will pay shareholders a total dividend of N88 billion

Guaranty Trust Holding Company PLC will pay shareholders a total dividend of N88.293 billion, or N3.0 for each share.

of 50kobo, the company said in a document posted on the Nigerian Exchange Limited website and seen by PREMIUM TIMES on Friday.

GTCO paid an interim dividend of 30 kobo for the first half of the year and will now pay a final dividend of 2.70 naira per 50 kobo ordinary share.

In 2020, GTCO paid N83.1 billion as total dividend to shareholders, or N3.0 per share, while in 2019, it paid N81.01 billion, or N2.8 per share. action.

ALSO READ: GTCO Acquires Investment One Subsidiaries

In 2018 and 2017, it rewarded shareholders with a total dividend of N2.75 and N2.7 respectively.

The company said the withholding tax would be deducted when the dividend is paid.

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