GTCO Declares Record ₦12.76 Dividend for 2025
Guaranty Trust Holding Company (GTCO) announced a record dividend payout of ₦12.76 per share for the 2025 financial year, the highest in Nigeria's banking sector. This announcement was made during the company's 5th Annual General Meeting (AGM) held on Tuesday, where shareholders expressed their excitement over the impressive financial performance.
The company has complied with the Central Bank of Nigeria's (CBN) ₦500 billion minimum capital requirement. Timothy Adesiyan, President of the Nigerian Shareholders Solidarity Association, commended the management for maintaining a consistent dividend culture, while Bisi Bakar, Chairman of the Shareholders Association of Nigeria, praised GTCO for setting a new benchmark for shareholder returns.
Earlier, GTCO declared an interim dividend of ₦1.00 per share for the half-year ending June 2025, with a final dividend of ₦11.76, bringing the total payout to ₦12.76 for the year. Chairman Suleiman Barau noted the company's growth and diversification into financial services, emphasizing disciplined risk management and strong internal controls.
Group CEO Segun Agbaj highlighted the company's advancements in digital integration and its successful listing on the London Stock Exchange.
Plus234Feed summary based on reporting from News Online Nigeria. Read the original report below.
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