Guaranty Trust Holding Company Approves Record Dividend
Analysis based on 15 articles · First reported Apr 28, 2026 · Last updated Apr 29, 2026
The record dividend payout by GTCO Group is expected to boost investor confidence in the Nigerian banking sector, potentially attracting more investment. Its compliance with the Nigeria — Central Bank of Nigeria's capital requirements and listing on the Aquis Stock Exchange further enhance its market position and liquidity.
Shareholders of GTCO Group Plc (GTCO) have approved a record total dividend of N12.76 per share for the 2025 financial year, marking the highest payout in Nigeria's banking sector. This approval occurred at the company's 5th Annual General Meeting (AGM), where shareholders, including representatives from the Nigerian Shareholders Solidarity Association and the Pragmatic Shareholders Association of Nigeria, commended the management for its robust earnings and consistent dividend policy. GTCO Group also successfully met the Nigeria — Central Bank of Nigeria's N500 billion new minimum capital requirement. The company's Board Chairman, Suleiman Barau, and Group Chief Executive Officer, Segun Agbaje, highlighted the company's strategic evolution into a diversified financial services ecosystem and its landmark listing on the Aquis Stock Exchange, making it the first West African financial services institution to list ordinary shares on the exchange's main market. This move is expected to strengthen its capital base and enhance liquidity for shareholders.
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