With the new recapitalisation and CBN oversight, not all banks will behave the same when it comes to dividends.
Banks Likely To Still Pay Good Dividends
These are strong, well-capitalised banks:
Zenith Bank Plc
Guaranty Trust Holding Company Plc
United Bank for Africa Plc
Why?
Strong capital base
Consistent profit
Good dividend history
Less pressure from regulators
Banks That May Be More Cautious
These banks may delay or reduce dividends slightly:
Access Holdings Plc
First HoldCo Plc
Why?
Expansion and acquisitions
Capital restructuring
Need to retain more earnings
Banks Likely To Still Pay Good Dividends
These are strong, well-capitalised banks:
Zenith Bank Plc
Guaranty Trust Holding Company Plc
United Bank for Africa Plc
Why?
Strong capital base
Consistent profit
Good dividend history
Less pressure from regulators
Banks That May Be More Cautious
These banks may delay or reduce dividends slightly:
Access Holdings Plc
First HoldCo Plc
Why?
Expansion and acquisitions
Capital restructuring
Need to retain more earnings