Zenith Bank Plc declares N2.80 as final dividend, grows PAT to N244.56bn in FY 2021

Zenith Bank Plc on Monday published its Audited Financial Statement for the year ended 31 December 2021.

The financial institution achieved year on year growth in its topline and bottom line figures for the period under review.

The group reported Gross Earnings of N765.558 billion, up by 9.92% from N696.45 billion reported the previous year.

Profit after tax of N244.558 billion was achieved for the 12 months period, up by 6.07% from N230.565 billion profit reported in FY 2020.

Earnings per share of the Company stands at N7.79, up by 6.07% from the EPS of N7.34 reported the previous year.

At the share price of N27.10, the P/E ratio of Zenith Bank stands at 3.48x with earnings yield of 28.74%.

Zenith Bank proposed a final dividend of N2.80 to its shareholders. This represents an increase in dividend pay-out by 10 kobo compared to N2.70 declared the previous year.

Qualification date is on March 25, 2022.

Closure of Register is on March 28, 2022, while payment date is on April 6, 2022.

Source: Zenith Bank Plc declares N2.80 as final dividend, grows PAT to N244.56bn in FY 2021 – StocksWatch (stocksng.com)

Related Posts


Business & Economy

Stock Market Review: September 18, 2023

The stock market last week closed was down by 1.10% due to profit taking, bringing the All Share Index and Market Capitalisation to 67,395.74 points and N36.886 trillion respectively. Year to date, the market has returned 31.50%. In a stock market review with the MD/CEO of APT Securities and Funds Limited, Mallam Garba Kurfi, the following were discussed: […]


Business & Economy

Nigerian Bourse drops by 1.10% in one week on profit taking, sheds N409bn

The Nigerian stock market declined by 1.01% week on week, as NESTLE, PRESCO and other 51 stocks shed weights. The All Share Index dropped by 1.10% to settle at 67,395.74 points from 68,143.34 points. Consequently, the Market capitalization also dropped by 1.10% to settle at N36.886 trillion from N37.295, thereby shedding N409 billion. An aggregate of 2.93[…]