Access Holdings to Pay Shareholders 45k Interim Dividend
Access Holdings Plc will be paying a 45 kobo interim dividend to shareholders on its members register this week. The company’s valuation is the lowest versus its immediate rivals in the financial services industry, despite its huge balance sheet.
On the Nigerian Exchange, Access Plc has 35,545,225,622 shares outstanding at a unit price of N19.70 each at the close of trading session on Friday. Its shareholders whose names appear on Oct 3 qualification date will be entitled to get a 45 kobo interim dividend per share on Thursday, details from corporate actions for the week revealed.
The financial services company market valuation dipped slightly last week due to sustained sell pressure on the Ticker.
Access Bank Plc will be paying 45 kobo interim dividend to shareholders this week. In the equities market, Ticker: ACCESSCORP ended at N19.60 per share on Monday. This morning, the bank share price had gained 5 kobo. UBA Group declared N2 on a share that is currently trading at N24.20 today.
In the tier-1 category, Access Bank Plc has the lowest market valuation, probably because of its inability to boost investors appetite. Going forward, dividend payout ratio will determine banking sector attraction as money goes to where it is treated well. #Money #Naira #Wealth #Investment #Banking #Finance #Dividend #Access Holdings to Pay Shareholders 45k Interim Dividend Oil Prices Fall Amidst Uncertainties, China’s Weak Demand
