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Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share - Investment - Nairaland

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Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by perewesley(m): 3:16pm On Feb 18, 2013
Zenith Bank To Reward Shareholders With 1.50 Naira

Reliable insider information has revealed that Zenith Bank Plc would reward its shareholders with N1.50 dividend for the year ending December 2012.

This is due to an impressive performance in 2012. Zenith Bank had in the nine-month ended September 30, 2012, given indication of a bounteous harvest with impressive results. The bank ended the nine months with profit before tax of N75 billion and profit after tax of N64 billion.

"The board of the bank has met, looked at the results and has made their dividend recommendation. The accounts are with the Central Bank of Nigeria (CBN) for approval and what I can tell you is that shareholders should expect an increase of over 30 per cent in dividends for the 2012 financial year,"

http://allafrica.com/stories/201302111515.html
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by ihedioramma: 8:09am On Feb 26, 2013
WHAT OF UBA,ACCESS,FBNH,DANGFLOUR E.T.C?
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by Nobody: 9:00am On Feb 26, 2013
And where are the profits coming from? Loans to oil marketers? Investments in Federal Government treasury bills? Shylock interest rates on loans? Excessive COT charges?

Let them tell me how much they have lent to small businesses and how many of such businesses they have helped grow. Until then, I'm not impressed.

2 Likes

Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by Jesuspikin87(m): 9:08am On Feb 26, 2013
I must be dreaming.......*5th to comment*
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by dmcdad: 10:50am On Feb 26, 2013
Wow... Thats an impressive one they got. They should keep the ball rolling....
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by akintun: 10:53am On Feb 26, 2013
D federal gov gives dem free money, so I'm not surprised.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by Benjacky: 11:08am On Feb 26, 2013
Thats cool but GTB will beat them cos of thier constant bonus to shareholders
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by emmatok(m): 11:11am On Feb 26, 2013
Nice I need to increase my stock of zenith.

Zenith is best banking stock for now.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by jposuagwu: 11:33am On Feb 26, 2013
Thats cool but GTB will beat them cos of thier constant bonus to shareholders


How are you sure GTB will beat Zenith with bonus and dividend? Afterall GTB did not give bonus last year. I dont see GTB doing better than that. And I dont see any of the big banks giving bonus this year. Access is likely going to do very well in terms of dividend this year
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by Rexphobia(m): 11:41am On Feb 26, 2013
Correct me if I'm wrong, isn't this insider information... same one that is a crime? It's not like it's proposed dividend.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by otokx(m): 1:03pm On Feb 26, 2013
Story Story
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by hunri2005: 1:08pm On Feb 26, 2013
great for zenith share holders, Earn over $30 daily free just to visit a website. Sign up free at www./b2uv5vt,
minimum cashout $30.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by Novice1(m): 2:01pm On Feb 26, 2013
Nice try,Zenith public affairs. You are not parting me with my naira. Zenith shares my foot!!!
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by gunpoint(m): 10:00pm On Feb 26, 2013
HNosegbe: And where are the profits coming from? Loans to oil marketers? Investments in Federal Government treasury bills? Shylock interest rates on loans? Excessive COT charges?

Let them tell me how much they have lent to small businesses and how many of such businesses they have helped grow. Until then, I'm not impressed.
Hahahahaha. . .
Boss, u must be a banker too.
U r speakin d absolute truth my broda
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by gunpoint(m): 10:04pm On Feb 26, 2013
Novice1: Nice try,Zenith public affairs. You are not parting me with my naira. Zenith shares my foot!!!
Bros, why so serious? undecided
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by onuobia: 6:49am On Feb 27, 2013
That's an impressive result for them, but worthy of note is they are one of the poorest paid bank, their staffs are crying daily, the bank is so conservative, some power that be are in control of the bank especially Jim ovia's brothers from delta. From the last rating they are the 8th paying bank. The bank is about declaring N100 billion after tax result. Please the bank is not trying as regards to staff welfare, so poor
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by akintun: 8:25pm On Feb 27, 2013
Correct me if I'm wrong, isn't this insider information... same one that is a crime? It's not like it's proposed dividend.

I think it is only an inside information if u use d information to make profit, but I doubt anyone can be prosecuted 4 inside information, becos NL is a public forum.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by stockbull(m): 9:04am On Mar 08, 2013
the dividend is not too much for zenith to pay.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by preshh(m): 8:45am On Mar 12, 2013
thats a good more money to shareholders
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by manie(m): 10:29am On Mar 12, 2013
onuobia: That's an impressive result for them, but worthy of note is they are one of the poorest paid bank, their staffs are crying daily, the bank is so conservative, some power that be are in control of the bank especially Jim ovia's brothers from delta. From the last rating they are the 8th paying bank. The bank is about declaring N100 billion after tax result. Please the bank is not trying as regards to staff welfare, so poor


The workers can equally buy shares in the bank, shareholders and market operators are happy when management reduces cost.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by Novice1(m): 10:28pm On Mar 12, 2013
gunpoint:
Bros, why so serious? undecided

Tired of their scams.
Re: Zenith Bank Will Increase Dividend By 30% To N1.50 Per Share by laseni: 11:49am On Apr 06, 2013
Wasn't too far off.Nice info.What abt skye and diamond banks any inside information

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