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The Founder and Chairman of Zenith Bank Plc, Mr Jim Ovia, has commended the bank’s shareholders for their loyalty, saying the development had enabled the bank to rise to the pinnacle of the nation’s financial services industry.
This is just as the bank said it would pay its shareholders N97.33bn dividend for the 2021 financial period.
The shareholders of the bank unanimously approved the proposed final dividend payment of N2.80 per share during the lender’s 31stm Annual General Meeting in Lagos.
Ovia assured the shareholders of the bank’s commitment to consistently delivering superior value to its stakeholders.
The Group Managing Director/Chief Executive Officer of the bank, Mr Ebenezer Onyeagwu, attested to its sterling performance in the nation’s financial sector.
He said:“If you look at the bank’s history over the years, Zenith Bank has always grown, and even within the pandemic, we have maintained a reasonable positive growth trajectory.Growth is coming from the fact that we are deploying our digital capability to grow more businesses, simplify our service processes, make our processes more efficient, and deal with customers’ complaints.
“Apart from developing new products, we are discovering new business verticals, especially within the retail segment, which have significant revenue.Meeting the expectation of shareholders means we have to work harder. The team is dodged, hardworking, resilient, and above all, we have a very supportive board that comes with superior guidance.”
In his comment on the dividend payout, the Chairman Emeritus of the Independent Shareholders Association of Nigeria, Sunny Nwosu, said the bank’s shares remained the toast of investors because the bank has never failed to pay dividends to shareholders.
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