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Headline : FCMB Proposes 50 Kobo Dividend for FY 2023

Read more from the original article on here at businesspost.ng.





Tags : #fcmb #proposes #50 #kobo #dividend #fy #2023



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The board of FCMB Group Plc has proposed the payment of a 50 Kobo dividend for the 2023 financial year, Business Post reports.

The financial institution declared the cash reward to shareholders in its audited financial statements released to the Nigerian Exchange (NGX) Limited for the year ended December 31, 2023.

In the period under review, FCMB grew its deposits, loans, assets under management, revenue and earnings and improved its environmental, social, and corporate governance scorecard.

It posted a profit before tax of N104.4 billion, a 186 per cent year-on-year (YoY) higher than the N36.6 billion recorded in 2022.

Read more from the original article on here at businesspost.ng.


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