Custodian Investment reports N11.16bn as profit in FY 2022, proposes 55 kobo as dividend

Custodian Investment Plc on Friday publish its Audited Report for the year ended 31 December 2022.
The Financial Institution reported Gross Revenue of N103.075 billion for the 12 months period, up by 20.22% from N85.74 billion reported the previous year.
Profit after tax grew year on year by 11.01% from N10.054 billion reported the previous year.
Earnings per share of the Group stands at N1.90.
At the share price of N5.8, the P/E ratio of Custodian Investment stands at 3.06x with earnings yield of 32.72%.
The Company proposed a final dividend of 55 kobo to its shareholders. Dividend will be payable on April 13, 2023, to shareholders whose names appear in the Register of Members at the close of business on March 31, 2023.

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