Zenith Bank declares 30 kobo as interim dividend, grows PAT by 4.99% in Q2 2022

Zenith Bank Plc on Tuesday declared an interim dividend of 30 kobo to its shareholders for the period ended 30 June 2022.

The financial institution reported a Gross Earnings of N404.763 billion for the 6 months period, up by 17.13% from N345.559 billion reported the previous year.

Profit after tax grew year on year by 4.99% to N111.413 billion from N106.119 billion reported in Q2 2022.

Earnings per share of the Group increased to N3.55 from the EPS of N3.38 reported the previous year.

At the share price of N22, the P/E ratio of Zenith Bank stands at 6.20x with earnings yield of 16.13%.

Qualification date for the interim dividend of 30 kobo is September 6, 2022.

The Register of members will be closed on September 7, 2022.

Payment date is September 13, 2022.

Source: Zenith Bank declares 30 kobo as interim dividend, grows PAT by 4.99% in Q2 2022 – StocksWatch (stocksng.com)

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