Official: FBN Holdings (First Bank) Will Pay N1 As Dividend For FY 2012

Shareholders of FBN Holdings Plc last week approved the N32.6 billion dividends recommended for the year ended December 31, 2012 and commended the board for the dividend, which came in the first year after the company adopted a holding structure. The dividends, which translate to 100 kobo per share, represent 25 per cent increase […]

The dividends, which translate to 100 kobo per share, represent 25 per cent increase over the 80 kobo paid the previous year. The shareholders expressed satisfaction over the payment of the 100 kobo and urged the bank to sustain the tempo of performance.