WorldStage Newsonline– Following the release of its Interim Consolidated and Separate Financial Statements for the period ended 30 June 2020 http://www.nse.com.ng/Financial_NewsDocs/31349_U_B_A_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2020_FI.pdf
today, UBA, a leading financial group in Africa has scheduled to pay an interim dividend of N0.17 per share on Wednesday, September 23, 2020 to shareholders whose names appear on the Register of Members as at close of business on Tuesday, September 15, 2020 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
The interim dividend to be paid electronically is 15% lower than N0.2 paid in H1 2019 while profit after tax declined by 21.69% to N44.431 billion in H1 2020.
UBA in a notification to the Nigerian Stock Exchange signed by Bili A. Odum, Group Company Secretary on Wednesday confirmed that the bank’s register of members will be closed on Wednesday, September 16, 2020 to enable the Registrars prepare for payment of interim dividend.
UBA group with current staff force of 11,200 out of which 7,593 are in Nigeria was incorporated in Nigeria as a limited liability company on 23 February 1961, under the Companies Ordinance [Cap 37] 1922. It took over the assets and liabilities of the British and French Bank Limited, which had carried on banking business in Nigeria since 1949. UBA merged with Standard Trust Bank Plc on 01 August, 2005 and acquired Continental Trust Bank Limited on 31 December, 2005.
