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    MarketForces Africa » MarketNews » United Capital to Pay Shareholders 50 Kobo Final Dividend

    United Capital to Pay Shareholders 50 Kobo Final Dividend

    Olu AnisereBy Olu AnisereMarch 12, 2025Updated:March 12, 2025 MarketNews No Comments1 Min Read
    United Capital to Pay Shareholders 50 Kobo Final Dividend
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    United Capital to Pay Shareholders 50 Kobo Final Dividend

    Investment banking firm United Capital Plc (Ticker: UCAP) has announced its decision to pay 50 kobo as a final dividend to its shareholders, according to its regulatory filing.

    The investment banking firm stated that a final dividend of N0.50 kobo will be subjected to appropriate withholding tax and approval. The amount will be paid to shareholders whose names appear in the Register of Members as of the close of business on March 14, 2025.

    The company said dividends will be paid on April 4 electronically to shareholders whose names appear on the Register of Members as of March 14, 2025, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.

    Meanwhile, its members register is expected to be closed on March 21, according to its regulatory filing. The investment banking firm share price is down by 4.93% to N19.3% on Wednesday. # United Capital to Pay Shareholders 50 Kobo Final Dividend FG Directs Houses, Land Owners in Lagos to Pay Ground Rent

    UCAP United Capital
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

    Keep Reading

    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

    Banking Index Sinks as 12 Nigerian Listed Banks Lose N2.5trn

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    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

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    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

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    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

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