First City Monument Bank Plc (FCMB) has declared and paid a dividend of 14 kobo per ordinary share, translating to N2.77 billion for the financial period ended Monday, December 31, 2018.
The dividend was electronically paid on Monday, April 29, 2019, to shareholders whose names appeared on the Register of Members as at Thursday, April 11, 2019.
Shareholders who completed the e-dividend registration and mandated the Payment Date Registrar to pay their dividends directly into their bank accounts also received payment.
The Register of Shareholders was closed from Friday, April 12, 2019, to Thursday, April 18, 2019, while Qualification Date was Thursday, April 11, 2019.
FCMB recorded impressive financial results: FCMB records a gross revenue of N177.4 billion in 2018 against N169.9 billion in 2017. The company’s revenue grew by 4.3 percent year-on-year.
The company’s profit before tax stood at N18.4 billion in 2018 as against N11.5 billion in 2017. This represents a 73 per cent increment.
Profit after tax stood at N14.9 million in 2018 against N8.6 million in 2017. This represents an increment of 73.8 per cent.

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