Fidelity Bank: N3b Dividends Pay Out Excites Shareholders

Fidelity Bank

By Bayo Bernard Fidelity Bank Plc has proposed N3.2 billion dividend payout to shareholders ahead the Annual General Meeting, AGM coming up later this year. The development, the tier two lender said came following strong financial results it recorded for the year-ended December 31, 2018. Some shareholders of the bank who spoke with the magazine over the issue said they were happy that the bank has sustained the tradition of paying dividends despite the harsh business environment. Some banks have not paid dividends for years. While speaking on the issue…

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