Business - Companies
Updated: May 10, 2022

N10.14 Billion Dividend Approved By Fidelity Bank Plc

By Felicia Abisola Olamiji
May 10, 2022
0

A dividend of N10.14 Billion has been approved by Fidelity Bank Plc has to be paid to its shareholders for the full-year period ended December 2021.

This information was disclosed in a notice signed by the company’s secretary, Ezinwa Unuigboje and filed with the Nigerian Exchange Group (NGX), during the recently concluded 34th Annual General Meeting held on May 5, 2022

The resolution states that “a dividend of 35 kobo per ordinary share of 50 kobo each amounting to N10,136,904,992.20 (Ten Billion One Hundred and Thirty-six Million, Nine Hundred and Four Thousand, Nine Hundred and Ninety-two Naira, Twenty Kobo only) with respect to the 2021 financial year be and is hereby approved”.

The date of payment as well as qualification date for the Registration of Members will be communicated duly to shareholders.