Ecobank Board proposes $40m as dividend for 2021
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.
According to the Company Secretary, Madibinet Cisse, “We 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.
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’ approval at the upcoming Annual General Meeting of ETI.”
He further stated that “The 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.”
Related Posts
PZ Cussons appoints Abel Idonije as new Africa People Director
Abel Idonije has been appointed Africa People Director at PZ Cussons, marking a significant new chapter in a…
By
Leaders target financial resilience at NCBA breakfast 2026
Financial inclusion in Kenya has made significant strides, yet industry leaders gathered at the NCBA Financial Inclusion Breakfast…
Kenya Power posts KSh24.99bn as revenue climbs 8.6% in FY2026
Kenya Power and Lighting Company PLC (Kenya Power) has reported a 2.1% increase in profit after tax to…
Standard Bank Namibia, NAMCOL partner on employee value banking
The Namibia College of Open Learning (NAMCOL) and Standard Bank Namibia have strengthened their strategic partnership through a…
Gallery
