Jaiz Bank proposes 3 kobo dividend to shareholders 

Jaiz Bank in its audited financial report for year ended 31st of December 2019 reported a Gross Earnings of N7.462 billion, up by 18.59% when compared with the Gross Earnings of N6.292 billion recorded in 2018.

Profit before tax PBT was N2.389 billion, down by 0.22% when compared with PBT of N2.395 billion in 2018.

The firm posted a profit after tax of N2.110 billion, appreciated by 135% from the previous Profit after Tax of N897.7 million in 2018.

A final dividend of 3 Kobo per 50 Kobo ordinary share subject to appropriate Withholding Tax was proposed to shareholders.

  • Qualification date for dividend is on Friday, June 26, 2020.
  • Closure of Register is from June 29 to July 3, 2020.
  • Payment date is on Thursday, 16th July 2020.

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