Connect with us

Business

Zenith Bank Plc posts N2.90 as final dividend to shareholders for 2022 year end

Published

on

Zenith Bank Plc posts N2.90 as final dividend to shareholders for 2022 year end

Zenith Bank Plc has declared a final dividend to shareholders for the year ended 31, December 2022.

The Financial Institution reported Gross Earnings of N945.554 billion for the 12 months period, up by 23.51% from N765.558 billion reported the previous year.

Profit after tax of N223.91 billion was achieved for the 12 months period, down by 8.44% from N244.558 billion reported in 2021 year end.

News continues after this Advertisement

Earnings per share of Zenith Bank for the period under review stands at N7.13.

At the share price of N25, the P/E ratio of Zenith Bank stands at 3.51x with earnings yield of 28.53%.

Qualification date for the proposed dividend is on 14th April 2023.

The Register of Shareholders will be closed on April 17, 2023, while payment date is on May 2, 2023.

News continues after this Advertisement
News continues after this Advertisement