MON, AUG 17 2020-theG&BJournal– The United Bank for Africa (UBA) board has approved an interim dividend sweetener that shareholders say is exciting.
The approved dividend is for the half year ended June 2020 and according to the Bank subject to the Central Bank of Nigeria’s (CBN) approval.
According to the Bank’s notification to the Nigerian Stock Exchange (NSE) ‘’the Board of United Bank for Africa Plc at its meeting which held on Thursday, August 13, 2020 considered and approved the 2020 Audited Half Year Results and Reports and payment of an interim dividend, subject to the approval of the Central Bank of Nigeria.’’
In view of the development, the Bank advised shareholders that ‘’the Nigerian Stock Exchange and the investing public would be immediately notified upon receipt of the 2020 Audited Half Year Results & Reports by the Central Bank of Nigeria.’’
UBA had on July 28, 2020 notified the Nigerian Stock Exchange and the investing public of the Board Meeting Plc.
In 2019, the Board of the Bank approved an interim dividend of 20kobo per share for shareholders.
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