United Capital declares N10.8bn dividend at 11th Annual General Meeting

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Annual General Meeting News

Asset Management,Dividend Payout,Financial Performance

United Capital Plc announced a 71% revenue growth at its 11th Annual General Meeting in Abuja, along with a dividend payout of N10.8 billion. With an increase in market capitalization and exceptional financial results, United Capital Plc outlines its plans for 2024 to continue delivering superior shareholder returns.

United Capital Plc, a leading Pan-African financial services group, convened its 11th Annual General Meeting yesterday at the Transcorp Hilton Hotel, Abuja, following another year of exceptional financial performance. Shareholders were delighted at the declarationof a dividend payout of N10.8 billion, equivalent to N1.80 per share. The meeting commenced with a statement by Prof. Chika…

In closing, Prof. Mordi assured shareholders of the company’s commitment to delivering consistent superior returns and outlined strategies to navigate potential challenges in 2024, attributing confidence to the resourcefulness and dedication of its staff. “Our objectives for 2024 are centered around unlocking further opportunities for our stakeholders. To realize this vision, we are committed to establishing a dynamic, efficient, and agile one-stop-shop financial institution. This institution will embody a digital-driven mindset, enabling us to deliver best-in-class services while ensuring superior shareholder value.

There is fresh hope among the Nigerian insurance industry players that the appointment of Olusegun Omosehin as the new Commissioner for Insurance/Chief Executive Officer of the National Insurance Commission continues to generate interest in various segments of the industry.

 

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