*Announces closed period ahead of Q3 2026 financial results
WorldStage– Stanbic IBTC Holdings PLC has announced an interim dividend of N4.50 per ordinary share of 50 kobo each for the half-year period ended 30 June 2026. The total payout amounts to N71,557,961,607, subject to applicable withholding tax and regulatory approvals.
In an official corporate action filing with the Nigerian Exchange Limited (NGX), the financial holding company confirmed that shareholders can choose to receive their interim dividend either in cash or as new ordinary shares (“Scrip Dividend”). This option aligns with the authority granted to the Board of Directors at the company’s Annual General Meeting held on 16 May 2024.
Key Qualification and Closure Dates
Qualification Date: Thursday, 15 October 2026. Only shareholders registered in the company’s Register of Members by the close of business on this date will be eligible for the dividend.
Closure of Register: The Register of Shareholders will be closed from Friday, 16 October 2026 to Friday, 23 October 2026 (both dates inclusive).
Scrip Dividend Allotment Details
The reference price for determining the scrip dividend allotment will be based on the volume weighted average price (VWAP) of Stanbic IBTC’s shares on the NGX across the five business days starting when the shares are first quoted ex-dividend.
The company will officially communicate the final Scrip Dividend Allotment Price via the NGX on Friday, 23 October 2026. Shareholders wishing to elect for scrip shares over cash must submit their choice by Friday, 06 November 2026.
Payment Date
To accommodate the scrip election process, the dividend payment date is scheduled for Friday, 13 November 2026. On this date, cash interim dividends will be electronically transferred directly into the bank accounts of qualified shareholders who have completed their e-dividend registration and have not opted for scrip shares.
Stanbic IBTC advised shareholders who have not yet registered for e-dividends or have unclaimed dividend warrants to download the mandate activation form from First Registrars & Investor Services Limited or contact the registrar directly.
CLOSED PERIOD
In another development, Stanbic IBTC Holdings PLC has officially announced the commencement of a closed trading period effective Thursday, October 1, 2026, ahead of the release of its Third Quarter (Q3) 2026 Unaudited Financial Statements.
In a corporate disclosure released to Nigerian Exchange Limited (NGX) and signed by Company Secretary Chidi Okezie, the group stated that the closed period is in compliance with Rule 17.18(b) of the NGX Rulebook as well as the company’s Internal Personal Account Trading Policy.
During this period, all company insiders are strictly prohibited from trading in the shares of Stanbic IBTC Holdings PLC. The trading restriction will remain in place until 24 hours after the Q3 2026 financial results are officially presented to the exchange.
Additionally, pursuant to Rule 19.2(b) of the NGX Rulebook 2015, the company notified stakeholders that a meeting of its Board of Directors has been scheduled for Friday, October 23, 2026, at 10:00 AM. Among other agenda items, the board will review and consider the company’s unaudited financial statements for the quarter ended September 30, 2026.
