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United Capital Shareholders Get N18bn Dividend Payout

Nabahani Yusuf Gogori by Nabahani Yusuf Gogori
8 months ago
in Business
United Capital
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United Capital Plc has announced a total dividend payout of N18 billion for the financial year ended December 31, 2025, following a performance that enabled the company to reward shareholders with N1.00 per ordinary share. Hi

In a corporate action notice filed on the Nigerian Exchange Limited, the investment banking and financial services group disclosed that it had earlier paid an interim dividend of 30 kobo per share, amounting to N5.4 billion, at the half-year.

The company is now proposing a final dividend of 70 kobo per share, valued at N12.6 billion, which is subject to shareholders’ approval and the applicable withholding tax. The proposed final dividend brings the total dividend for the year to N1.00 per share.

According to the notice, shareholders whose names appear in the company’s Register of Members at the close of business on April 7, 2026, will qualify for the final dividend. The Register of Shareholders will be closed from April 8 to April 10, 2026, both dates inclusive.

United Capital further stated that payment of the final dividend will be made electronically on April 24, 2026, to eligible shareholders who have completed the e-dividend registration and mandated the registrar to credit their bank accounts directly.

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The company advised shareholders who are yet to complete their e-dividend registration to download and submit the E-Dividend Mandate Activation Form to the registrar, Africa Prudential Plc, or through their respective banks, to ensure seamless payment.

In addition, shareholders with unclaimed dividend warrants or outstanding share certificates were urged to regularise their status by completing the e-dividend registration or contacting the registrar for validation.

Meanwhile, United Capital announced that its Annual General Meeting will hold on Friday, April 24, 2026, in Abuja, where shareholders are expected to consider and approve the proposed final dividend, among other resolutions.

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Nabahani Yusuf Gogori

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