ECOBANK Ghana has declared a final dividend of GH¢0.34 per share for the 2024 financial year, demonstrating the bank’s robust performance and commitment to delivering value to its shareholders.
The proposed dividend, which is subject to approval by shareholders at the upcoming Annual General Meeting, reflects management’s confidence in the bank’s earnings resilience and capital position.
Confidence
The payout is a testament to the bank’s ability to generate strong earnings and maintain a solid capital base, despite the challenges posed by the Domestic Debt Exchange Programme (DDEP).
The financial sector’s move to balance shareholder returns with regulatory capital requirements is a key consideration in the bank’s dividend policy.
Ecobank’s decision to declare a dividend underscores its commitment to rewarding shareholders while ensuring compliance with regulatory requirements.
Shareholders
Shareholders recorded in the company’s books at the close of business on Friday, June 13, 2025, will qualify for the final dividend. The ex-dividend date has been set for Wednesday, June 11, 2025, meaning that only investors who purchase shares before this date will be eligible to receive the payout.
The Register of Shareholders will be closed from Monday, June 16 to Tuesday, June 17, 2025, to facilitate the processing of dividend entitlements. Payment of the dividend is scheduled for Friday, June 27, 2025.
Ecobank’s dividend declaration is a positive signal for Ghana’s banking sector, where several institutions have resumed or increased dividend payments in 2025, following a period of suspension during the most turbulent phases of the post-DDEP recovery.
Analysts view this trend as indicative of restored profitability and stabilising balance sheets, albeit with continued regulatory oversight on capital adequacy and risk exposure.
Restored profitability
The resumption of dividend payments by banks in Ghana is a welcome development, reflecting the sector’s progress in navigating the challenges posed by the DDEP.
The ability of banks to generate profits and maintain strong capital buffers is crucial for the stability of the financial system.
Ecobank’s dividend declaration is a testament to the bank’s commitment to delivering value to its shareholders while ensuring the long-term sustainability of its operations.
Outlook
The outlook for the country’s banking sector remains positive, with banks expected to continue delivering strong performance in the coming years.
The sector’s ability to balance shareholder returns with regulatory capital requirements will be critical in determining its long-term sustainability.
As the sector continues to navigate the challenges posed by the DDEP, banks that demonstrate a commitment to transparency, accountability, and good governance are likely to attract investors and deliver long-term value to their shareholders.