Guaranty Trust Bank Plc. in its released unaudited second-quarter results for the period ended June 30, 2019, has recorded a decline of -2.1% to N221.87bn from N226.63bn in its Gross Earnings from the previous quarter. The lender’s revenue for the 2019 half-year stood at N146.4 billion as against N160 billion recorded in 2018.
Also, Profit Before Tax, PBT grew by 5.6% to N115.79bn from N109.6 billion in 2018. Profit After Tax also grew by 3.7% to stand at N99.13bn in 2019 as against N95.6 in 2018. Net Assets also grew by 4.8% to N603.01bn from N575.57bn
In a related development, the bank has also declared an interim dividend of 30 kobo per ordinary share of 50 kobo for the period ended Sunday, June 30, 2019.
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By Wednesday, September 11, 2019, the dividend will be paid to shareholders whose names appear on the Register of Members as at Monday, September 2, 2019. The ordinary shareholders and holders of the bank’s Global Proposed Dividend (GDR) listed on the London Stock Exchange will receive their dividend payment date subsequently.
The Register of Ordinary Shareholders will be closed on Tuesday, September 3, 2019, while the Register of GDR holders will be closed on Tuesday, August 27, 2019. Similarly, the bank has scheduled its Qualification Date for Monday, September 2, 2019.