GTCO Will Pay A Total Dividend Of N88 Billion To Shareholders

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GTCO Plc Headlines Sponsorship For NPA Lagos International Polo Tournament
GTCO Plc Headlines Sponsorship For NPA Lagos International Polo Tournament

Guaranty Trust Holding Company PLC will pay a total dividend of N88.293 billion to shareholders, translating to N3.0 per share.

GTCO paid an interim dividend of 30 kobo for the first half of the year and will now pay a final dividend of N2.70 per ordinary share of 50 kobo.

GTCO paid a total dividend of N83.1 billion to shareholders in 2020, which translates to N3.0 per share, compared to N81.01 billion in 2019.

It paid a total dividend of N2.75 and N2.7 to shareholders in 2018 and 2017, respectively.

The company stated that withholding tax would be deducted at the time of dividend payment.