Fidelity Bank Shareholders Approve N11.59bn Final Dividend For 2022 (leadership.ng)

Fidelity Bank Shareholders Approve N11.59bn Final Dividend For 2022

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This was made known at the banks 35th Annual General Meeting (AGM) held virtually.

The board of directors proposed a final dividend of N0.40 per share and interim dividend of N0.10 per share paid on September 22, 2022, bringing the total dividend for 2022 to N0.50 per share.

Speaking at the AGM, the chairman emeritus of the Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu applauded the banks management for listening to shareholders and declaring an interim dividend.

On his own part, national chairman of the Progressive Shareholders Association Mr.

Shareholders of Fidelity Bank Plc have approved N11.59 billion final dividend, representing 40 kobo per share for the year ended December 31, 2022.

They also commended the board and management of the bank for delivering an exceptional performance in full year 2022.

Okezie Boniface lauded the bank for coming to customers aid during the period of the naira redesign policy, explaining that the banks branches and Automated Teller Machines (ATM) always provided customers with Naira notes.

He also commended the banks leadership for prioritizing Corporate Social Responsibility (CSR) initiatives across its focus areas of youth empowerment, health and social welfare, education and environmental conservation and sustainability.

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