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This implies approximately CFA90, N66.6, or 1.08 Ghana Cedi per share. For Nigerian and Ghanaian investors, this represents 5.5 times and 8.3 times, respectively, the most recent value of the Ecobank shares they hold.
The United Bank for Africa Plc shareholders on Wednesday commended the bank for declaring a dividend of N34.19 billion for the financial year ended December 31, 2019.
Shareholders of Zenith Bank Plc on Monday at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion.