GTCO Shareholders Endorse N3 Dividend Payment

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Shareholders of Guaranty Trust Holding Company (GTCO) have unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended Dec. 31, 2021.

They gave the endorsement at the holding company’s 1st Annual General Meeting (AGM) in Lagos on Friday.

The bank 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.

This brings the total dividend for the 2021 financial year to N3 per unit of ordinary share.

Shareholders commended the board for the transition into a holding company and the financial performance achieved during the period under review despite the tough operating environment.

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