{"id":56802,"date":"2022-03-15T20:51:41","date_gmt":"2022-03-15T19:51:41","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=56802"},"modified":"2022-03-17T02:46:01","modified_gmt":"2022-03-17T01:46:01","slug":"ecobank-to-pay-40-million-dividends-to-shareholders","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ecobank-to-pay-40-million-dividends-to-shareholders\/","title":{"rendered":"Ecobank Board Proposes $40m As Dividend For 2021 FY \u00a0"},"content":{"rendered":"

\n

The Board of Ecobank Transnational Incorporated (ETI) has proposed $0.16 cent per share, totaling $40 million as dividend for the year ended December 31, 2021.<\/p>\n

According to the Company Secretary, Madibinet Cisse, \u201cWe are pleased to inform our shareholders and the public that the Board of 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.<\/p>\n

The Board also recommended the payment of a dividend of USD0.16 cents per share being a total amount of circa USD40 million. The relevant resolutions will be presented for shareholders\u2019 approval at the upcoming Annual General Meeting of ETI.\u201d<\/p>

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He further stated that \u201cThe 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.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n","protected":false},"author":6,"featured_media":10607,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[9260],"coauthors":[2391],"class_list":["post-56802","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ecobank-transnational-incorporated"],"yoast_head":"\nEcobank Board Proposes $40m As Dividend For 2021 FY \u00a0 - National Wire<\/title>\n<meta name=\"description\" content=\"The Pan-African banking group, Ecobank Transnational Incorporated (ETI) is set to pay its shareholders dividends of $0.16 per share\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ecobank-to-pay-40-million-dividends-to-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ecobank Board Proposes $40m As Dividend For 2021 FY \u00a0 - 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