Stanbic IBTC Holdings Plc Records 36.28 percent Rise

Stanbic IBTC Holdings Plc Records 36.28 percent Rise

In a notice to the Nigerian Stock Exchange (NSE), the Board of Directors of Stanbic IBTC Holdings Plc has proposed the payment of 60k interim dividend to shareholders.

This information was revealed on Tuesday, August 29, 2017, by the Company Secretary, Mr Chidi Okezie.

In a notice to the Nigerian Stock Exchange (NSE), Stanbic IBTC said it would pay the interim dividend to its shareholders on September 27, 2017.

In addition, it disclosed that on Tuesday, September 12, 2017, the company will hold its Annual General Meeting (AGM).

This, it said, will take place at the Eko Hotel & Suites Victoria Island, Lagos. The firm released its financial report for the first half of this year, recording 36.28 percent rise in its gross earnings; N97.20 billion against N71.32 billion in H1:2016.

Also, its Profit-After-Tax (PAT) grew to N29.17 billion from N15.68 billion a year ago.
At the close of trading recently, the company added 50k to its share value to close N40.50k per share.

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