CAL Bank has announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GH¢0.089 per share for the 2019 financial year.
The final Dividend for 2018 was GHS0.048 per share.
All shareholders registered in the books of CAL at the close of business on Thursday, 7th May, 2020 will qualify for the final dividend. However, the Register of shareholders will be closed to the general public on Friday, 8th May, 2020.
In view of the foregoing, the ex-dividend date has been set as Tuesday, 5th May, 2020. Consequently, an investor purchasing CAL shares before this date will be entitled to the final dividend. But, an investor buying CAL shares on or after Tuesday, 5th May, 2020 will not be entitled to the final dividend.
The final dividend will be paid on Friday, 5th June, 2020.
Source: Kofi Ahovi//Businessweekghana.com
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