UBA board approves H1 2021 interim dividend

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The management of United Bank for Africa (UBA) Plc on Monday announced the approval of interim dividend for half year ended June 30, 2021 audited result and accounts.

The Group Company Secretary, UBA, Bili Odum in a statement on the Nigerian Exchange Limited (NGX) said the bank’s directors also approved the 2021 audited half year result and account, subjecting to Central Bank of Nigeria (CBN) final approval.

According to him: Further to the above, kindly be advised that the NGX and the investing public would be immediately notified upon receipt of approval of 2021 audited half year results & reports by the CBN.”

The pan-African bank over the years maintained interim dividend payout to shareholders on the heels of impressive earnings.

Specifically, UBA in 2018 declared N0.20 per share as interim dividend and N0.65 final dividend. This amounted to a total dividend of N0.85 per share (2017: N0.85 per share). The bank’s management also declared N0.20 per share interim dividend in 2019 but in 2020, the lender’s interim dividend dropped to N0.17 per share.