Shareholders approve FCMBs N5.94bn dividend- FCMB Group Plc has received the approval of its shareholders to pay a total of N5.94bn as dividend for the financial year ended December 31, 2014. The amount represents a payment of 30 kobo per ordinary share held. The group got the shareholders approval at its Annual General Meeting in Lagos. At the AGM, the Chairman, FCMB Group, Dr. Jonathan Long, told the shareholders that over the last two years, the group had made strong process, following the successful integration of Finbank, which boosted its retail banking operation. Long said the board of directors had recommended the dividend as a result of its strong desire to reward the shareholders for their continued support and commitment to the group. In approving the dividend payment, the shareholders commended the board for ensuring that the group – the holding company of First City Monument Bank Limited, FCMB Capital Markets Limited and CSL Stockbrokers Limited, became more profitable.
Posted on: Mon, 09 Jun 2014 11:15:38 +0000
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