BEVERLY HILLS, January 28, (THEWILL) – The Board of Directors of Zenith Bank Plc has approved the Group Audited Consolidated & Separate Financial Statements for the year ended December 31, 2020.
The Board also approved the payment of a final dividend, subject to the approval of the Central Bank of Nigeria (CBN).
This was disclosed in a statement by the bank to the Nigerian Stock Exchange (NSE).
According to the statement, signed by the Company Secretary/General Counsel, Micheal Osilama Otu, the Board considered and approved the results at its meeting held on Thursday, January 28, 2021.
The bank also noted that the NSE as well as the investing public would be notified upon receipt of the approval of the Central Bank of Nigeria (CBN) of the Group Audited Consolidated & Separate Financial Statements for the year ended December 31, 2020.
It could be recalled that Zenith Bank declared an interim dividend of 30 kobo for every share of 50 kobo for the period ended June 30, 2020, amounting to N9.4 billion.
This followed an impressive N104 billion profit after tax the bank declared for H12020 as its earnings rose to N346.09 billion from N331,58 billion in the corresponding period of 2019.
