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Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) of the bank, which held in Lagos on 29 April 2025, approved the proposed final dividend payment of N4.00 per share, bringing the total dividend for the 2024 financial year to N5.00 per share. This brings the total value of dividend payout for the year to N195.67 billion.

According to the analysis by CardinalStone Research, Zenith Bank delivered a landmark performance in 2024, surpassing the N1 trillion earnings threshold. The bank reported a 52.6% year-on-year increase in its Profit After Tax, which rose to N1.03 trillion. “This performance underscores the resilience of Zenith Bank’s core earnings and strong trading gains, which effectively offset the impact of higher impairment charges and rising operating expenses,” noted CardinalStone Research.

The Group Managing Director/Chief Executive Officer of Zenith Bank, Adaora Umeoji, expressed appreciation to the shareholders of the bank for their commitment and support, promising quantum leap in dividends going forward.

“If you look at our dividends trajectory, payments over the period have always increased and we will continue to maintain this record,” said Dr. Umeoji. “Zenith Bank has sufficient capital buffer to do business, and we will continue to delight our shareholders. We are committed to growing our topline organically while adhering to our strict corporate governance culture.”