Stanbic IBTC Stock Surges to 52-Week High on N39.7bn Interim Dividend News
Stanbic IBTC Holdings PLC has seen its stock price surge to a 52-week high of N111.1 as investors position themselves for a significant interim dividend payout of N39.7 billion, translating to N2.50 per ordinary share for the period ending June 30, 2025. The company's gross earnings increased by 35.20%, while profit before tax rose by 65.81%.
The proposed interim dividend of N2.50 per share is higher than the N2 paid in the previous period. Shareholders are set to receive the dividend based on specific qualifying dates, with payments scheduled to be made directly to their bank accounts.
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