Shareholders of Guaranty Trust Holding Company (GTCO) Plc have unanimously endorsed the bank’s N3 dividend for the 2021 financial year. This endorsement was made at the holding company’s 1st Annual General Meeting (AGM) held in Lagos.
The Group had proposed a final dividend of N2.70 per unit of ordinary share held by shareholders in addition to the interim dividend of 30 kobo paid in June, bringing the total dividend for the 2021 financial year to N3. Also at the meeting, the shareholders approved the appointment of a new board, even as the management promised to unlock new opportunities to unleash the potential of the bank’s diversification for long-term growth and sustainable returns.
Speaking on behalf of the shareholders, the patron, Nigeria Shareholders Solidarity Association (NSSA), Timothy Adesiyan, applauded the progress that the bank has made in its transition to a holding company.
He said that the shareholders have great expectations from the company, noting that with the good corporate governance principle with which the company is run, the future is bright for the shareholders.
