Access bank shareholders agree on 65k dividend per share
May 1, 2020
Access bank dividend 65k – Shareholders of Access Bank have unanimously approved 40 kobo dividend proposed by the management at the Annual General Meeting held yesterday, thereby bringing the total dividend payout to investors to 65 kobo per share for 2019.
The bank closed the year with profit after tax (PAT) of N97.509 billion, up from N94.981 billion in 2018.
The meeting, which was held by proxy due to the COVID-19 pandemic, had three leaders of various shareholders’ association present.
In his address, the bank’s Group Managing Director, Dr. Herbert Wigwe, said the Group delivered a 26% increase in gross earnings of N666.8billion from N528.7billion in 2018, comprising interest in-come growth of 4% from previous levels to N155.9billion despite the inclement operating environment.
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