…whooping N91bn Dividend
The shareholders of Guaranty Trust Holding Company Plc, have endorsed payment of a total dividend of N91.24Bn, representing N3.10 per share for the financial year ended December 31, 2022.
This was disclosed In a statement endorsed by the stakeholders following the company’s second virtual annual general meeting held on Thursday.
However, the Group proposed a final dividend of N2.80 per unit of ordinary share held by shareholders in addition to the interim dividend of 30 kobo interim dividend paid in June, bringing the total dividend for the 2022 financial year to N3.10 per unit of ordinary share.
The immediate past President of Nigeria Shareholders Solidarity Association, Chief Timothy Adesiyan, spoke onbehalf of the shareholders while commending the management of GTCO for the impressive 2022 financial performance achieved and the consistent dividend policy of the Group.
He also noted that the Group had contributed immensely to the growth of the economy in its lending to agriculture, SMEs, real sector, among others as seen in the award obtained by the Group in the year.
Also speaking to shareholders at the meeting was the Chairman of GTCO, Mr Hezekiah Oyinlola, who remarked the challenges the bank faced at every turn and the prospects that became significant milestones in its journey towards creating a robust yet agile institution.
He affirms, “In 2022, our ambition was crystal clear, and we set out to achieve it with unwavering focus. We completed the setup of our holding company and acquired full ownership of Investment One Pension Managers and Investment One Fund Managers, now named Guaranty Trust Pension Managers and Guaranty Trust Fund Managers, respectively.