The Pan-African banking group, Ecobank Transnational Incorporated (ETI), is set to pay its shareholders dividends of $0.16 per share totaling $40 million for the year ended December 31, 2021. This implies approximately CFA90, N66.6, or 1.08 Ghana Cedi per share.
For Nigerian and Ghanaian investors, this represents 5.5 times and 8.3 times, respectively, the most recent value of the Ecobank shares they hold. According to the Company Secretary, Madibinet Cisse, “we are pleased to inform our shareholders and the public that the Board of Ecobank Transnational Incorporated (ETI), at its meeting of February 25, 2022, approved the Ecobank consolidated audited accounts for the year ended December 31, 2021 subject to relevant regulatory approvals.
“The Board also recommended the payment of a dividend of $0.16 cents per share being a total amount of circa $40 million. The relevant resolutions will be presented for shareholders’ approval at the upcoming Annual General Meeting of ETI.” He further stated that “the details of the audited accounts will be published upon approval of relevant regulators. Consequently, the closed period which commenced from January 1, 2022, will continue until 24 hours after the Audited Accounts for the year ended December 31, 2021, are released to the Stock Exchanges on which Ecobank Transnational Incorporated is listed.” TRY IT TONIGHT!!! —
Abuja Civil Servant reveals (FREE) secret Fruits that Increased his Manh0d size, gives Stronger Erections and ends Premature Erection in 7days…
CLICK HERE FOR FULL DETAILS.
