Shareholders of Guaranty Trust Holding Company (GTCO) Plc have approved the payment of a total dividend of N8.03 per share for the financial year ended December 31, 2024.
This decision was taken at the company’s fourth annual general meeting, which was held virtually on Thursday. The company had previously paid an interim dividend of N1 per share, and would now make an additional N7.03 per share bringing the total dividend for the 2024 financial year to N8.03 per share.
Speaking to shareholders, Hezekiah Sola Oyinlola, chairman of GTCO emphasised the group’s ability to remain agile and forward-thinking, which has allowed the company to achieve record-breaking performances.
Oyinlola in his address at the AGM stated that, “In 2024, we became the first Nigerian bank to surpass the N1 trillion profit mark, an achievement that underscores the resilience of our business model, the dedication of our people, and the trust our customers place in us.”