Home Business Capital Access Bank Investors Gets N0.40 Kobo Dividend In FYE 19 * As Post-Tax Profit Rose To N97.51
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Access Bank Investors Gets N0.40 Kobo Dividend In FYE 19 * As Post-Tax Profit Rose To N97.51

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BY NKECHI NAECHE-ESEZOBOR—Access Bank Plc has announced a post-tax profit for the period ended December 31, 2019 inched up 2.7 percent to N97.51 billion from N94.98 billion recorded a year ago.

Also, the Nigeria’s tier one (1) lender, pretax profit appreviated 11.8 percent to N115.37 billion from N103.18 billion declared the same period 2018.

Access Bank Gross earnings also went up from N528.74 billion in 2018 year end to N666.75 billion in the review period of 2019, showing an increase of 26.1 percent, the lender in a filing with the Nigerian Stock Exchange (NSE).

The bank proposed a final dividend 0.40 kobo per share added to an interim dividend of 25 kobo for the half year ended June 30, 2019, representing a total dividend of 0.65 kobo per share.

According to the notice sent tomthe Nigerian Stovk Exchsnge, qualification and closure date has been scheduled for April 14 and April 15, 2020, while payment date is scheduled for April 30, 2020.

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