Shareholders of Zenith Bank, Tuesday, approved the proposed final dividend payment of N2.90 per share at the 32nd Annual General Meeting (AGM) in Lagos. This brings the total dividend for the 2022 financial year to N3.20 per share, with a total value of N100.47 billion.
The Founder and Chairman of Zenith Bank Plc, Jim Ovia, in his address, expressed gratitude to the shareholders for their unwavering loyalty, commitment and support, which have been instrumental in the bank’s outstanding performance since its inception.
Group Managing Director/Chief Executive, Dr. Ebenezer Onyeagwu, extolled Jim Ovia, for establishing the legacy and providing the template for the bank’s continued superior performance.
The bank in a statement claimed that the President of the Association of the Rights of Nigerian Shareholders (AARNS), Dr. Faruk Umar, commended the board and management for consistently delivering value to shareholders, despite the challenging economic environment.
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Despite challenging macroeconomic conditions, Zenith Bank Group achieved a 24% growth in gross earnings, from N765.6bn in the previous year to N945.5bn in 2022.
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