By Damilare Adeleye
Abbey Mortgage Bank PLC has announced plans to pay shareholders a final dividend of 12 Kobo for every 50 Kobo share held for the financial year ended December 31, 2025.
The bank announced this Thursday in a Corporate actions notice signed by Company Secretary, Geoff Amaghereonu, and obtained on the Nigerian Exchange Limited.
The dividend, subject to withholding tax and shareholder approval, will be paid to investors whose names appear in the Register of Members at the close of business on May 12, 2026, which is the qualification date.
“A Final Dividend of 12 Kobo for every share of 50kobo, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business on 12th day of May, 2026,” the bank stated.
The Register of Shareholders will be closed from May 13 to May 15, 2026 as dividend payment is scheduled for Monday, May 25, 2026.
“On 25th May 2026, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 12th May 2026 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts,” the notice added.
The bank also urged shareholders with unclaimed dividend warrants and share certificates “that have remained unclaimed, or are yet to be presented for payment or returned for validation” to complete e-dividend registration.
Meanwhile, Abbey Mortgage Bank further announced the its Annual General Meeting will be held virtually on Monday, May 25, 2026 at 11 a.m.