Zenith Bank Plc has declared a final dividend of N4 to shareholders bringing total dividend to N5 for the year ended 31 December 2024.
The financial institution reported Gross Earnings (Revenue) of N3.97 trillion for the 12 months period, up by 86.28% from N2.13 trillion Gross Earnings reported the previous year.
Profit after tax for the year ended 2024 hit N1.03 trillion, up by 52.59% from N676.91 billion reported in FY 2023.
With the shares outstanding of 41,069,830,000, the Earnings per Share (EPS) of Zenith Bank stands at N25.15.
At the share price of N48.9, the P/E ratio of Zenith Bank stands at 1.94x with earnings yield of 51.43%
Qualification date for the proposed dividend of N4 is April 15, 2025. The Register of Shareholders will be closed on April 16, 2025. Payment date is on April 29, 2025.