FCMB Group Plc has announced June 30, 2026, as the payment date for its proposed final dividend of 35 kobo per ordinary share for shareholders, subject to approval at its forthcoming Annual General Meeting (AGM).
The disclosure was made in a corporate action notice signed by the company’s secretary, Olufunmilayo Adedibu, and released on June 8. The lender stated that eligible shareholders will receive the dividend electronically through the e-dividend platform after the necessary approvals have been secured.
According to the company, shareholders must have their names on the register of members at the close of business on June 15, 2026, to qualify for the dividend. FCMB also disclosed that its register of members will be closed on June 16.
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The group explained that dividend payments would be credited directly into the bank accounts of shareholders who have completed the e-dividend registration process and mandated the registrar to handle payments electronically.
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Shareholders who are yet to register for the e-dividend scheme were advised to obtain the required forms from CardinalStone Registrars Limited and submit them through their banks or directly to the registrar to ensure seamless payment.
The proposed payout follows a strong financial performance by the group in the 2025 financial year. FCMB recorded a profit before tax of N202.1 billion, representing an 80.6 per cent increase from the N111.9 billion reported in 2024.
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Profit after tax rose to N177.27 billion from N73.34 billion in the previous year, while gross earnings climbed 42.5 per cent to N1.13 trillion. The board subsequently recommended a dividend payment estimated at N23.08 billion.
The group’s earnings growth was largely driven by stronger interest income, which rose 61.7 per cent to N1.01 trillion, accounting for the bulk of total revenue generated during the year.
FCMB’s momentum continued into 2026, with first-quarter unaudited results showing profit before tax of N86.99 billion, up 148.4 per cent year-on-year. The AGM, where shareholders will vote on the dividend proposal, is scheduled to be held virtually on June 30.
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