Fact-Check: Stanbic IBTC Holdings to Pay Shareholders N38.87bn Dividend in 2024?
Claim
“Stanbic IBTC Holdings to pay shareholders N38.87bn as dividend in 2024.”
Source: NAN News
Verdict
Unverified
As of the current date, there is insufficient publicly available evidence from Stanbic IBTC Holdings’ official financial statements or press releases to confirm this dividend payment for 2024.
Evidence
The claim originates from NAN News, which reports that Stanbic IBTC Holdings will distribute N38.87 billion as dividends to shareholders in 2024. However:
- No official announcement from Stanbic IBTC Holdings or its parent company, Standard Bank Group, has been found to corroborate this claim.
- The Nigerian Stock Exchange (NGX) and Stanbic IBTC’s investor relations page do not currently list this dividend declaration for 2024.
- Dividend payments are typically announced alongside annual financial reports, which for 2024 would not yet be available.
Sources
Conclusion
While the claim about Stanbic IBTC Holdings paying N38.87 billion in dividends for 2024 is plausible given the company’s history of dividend payments, it cannot currently be verified through official channels. Investors should wait for official announcements from the company or regulatory filings before considering this information accurate.
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