Guaranty Trust Holding Company Plc (GTCO) has announced the payment of an interim dividend of ₦1.00 per ordinary share of 50 kobo for the half year ended June 30, 2025, despite a decline in profit after tax.
According to the corporate disclosure filed with the Nigerian Exchange Limited, shareholders whose names appear in the Register of Members as at October 7, 2025, will be eligible for the dividend.
The Register of Ordinary Shareholders will be closed on October 8, 2025, while payment is scheduled for October 15, 2025, to shareholders who have completed the e-dividend registration and mandated the Registrar to credit their bank accounts directly.
H1 2025 Financial Performance
GTCO reported a profit after tax of ₦449.01 billion for the half year ended June 30, 2025, representing a sharp decline from ₦905.57 billion in the corresponding period of 2024.
Profit attributable to equity holders of the parent company stood at ₦441.29 billion, while non-controlling interests accounted for ₦7.72 billion, compared to ₦899.89 billion and ₦5.68 billion respectively in H1 2024.
Dividend and Shareholder Guidance
GTCO urged shareholders who are yet to complete their e-dividend registration to obtain and submit the Registrar’s e-dividend mandate form available on www.datamaxregistrars.com or GTCO’s website www.gtcoplc.com. Shareholders with unclaimed dividends and share certificates are also advised to contact the Registrar for resolution.
Outlook
The decline in profitability underscores the absence of extraordinary income that boosted last year’s performance, alongside rising operating expenses and higher impairment provisions.
Nonetheless, stronger net interest and fee income demonstrate underlying business resilience, enabling the Group to maintain dividend distribution.