Zenith Bank grows HY 2021 profit by 2.21%, declares 30 kobo interim dividend to shareholders

Zenith Bank on Friday published its Audited Financial Statement for the period ended 30 June 2021.

The financial giant reported Gross Earnings of N345.559 billion for the six months period, down by 0.15% from N346.088 billion reported the previous year.

Profit after tax grew year on year by 2.21% to N106.119 billion from N103.826 billion reported the previous year.

Earnings per share of the Group increased to N3.38 from the EPS of N3.31.

At the share price of N24.3, the P.E ratio of Zenith Bank stands at 7.19x with earnings yield of 13.91%.

An interim dividend of 30 kobo has been declared to shareholders, subject appropriate withholding tax.

Qualification date is 10^th of September, 2021. Closure of Register is on 13^th, September 2021.

Payment date for the interim dividend is on 20^th September, 2021.