GTBank shareholders may receive interim dividend
By Kayode Ogunwale

In spite of numerous challenges facing Nigeria economy at present, shareholders of Guaranty Trust Bank Plc may received interim dividend for the year 2016.

Guaranty Trust Bank, one of the few listed companies on the Nigerian Stock Exchange (NSE) that rewarded shareholders with interim dividend, paid N0.25 kobo interim dividend in 2015 and additional N1.52 kobo as final dividend also in 2015.

The share price of Guaranty Trust Bank Plc stood at N22.59 kobo at the end of today’s trading, as it plunged N0.96 kobo from N22.81 kobo it opened.

The board of directors however set to meet Wednesday, July 30, 2016 to discussed Issue relating to interim dividend, 2016 half year results and other matters.

In the same vein, the bank’s seek the NSE extension for filling its 2016 half year results.

According to Head, Legal Group of the bank, Erhi Obebeduo, in an information sent to the NSE said, pursuant to the post listing requirements of the Nigerian Stock Exchange for quoted companies, we hereby inform you that the board of directors of our bank is scheduled to meet Wednesday, July 30, 2016.

Obebeduo noted that, the bank required to forward the audited accounts to the Central Bank of Nigeria (CBN) for approval, prior to the release of the results on the floor of the NSE.

He pledged to notify the bourse of the decisions reaches after the approval of the CBN is obtained.

“In the light of the foregoing, we hereby seek for extension of time to submit the banks half year audited financial statements not latter than September 30, 2016”, Obebeduo requested.