Standard Chartered Bank Ghana PLC (Stanchart) has announced a final dividend of GH₵1.6704 per share to reward shareholders for the 2024 financial year.

This announcement, made ahead of its Annual General Meeting (AGM), reinforces the bank’s continued commitment to shareholder value and financial strength. The dividend, which is subject to shareholder approval during the AGM, reflects the bank’s strong financial performance in 2024 and its robust balance sheet.

This declaration comes as a welcome development for investors who have remained loyal to the bank amid Ghana’s challenging macroeconomic environment. The generous dividend signals confidence in the bank’s long-term growth strategy and operational resilience. It also positions SCB among the top tier of Ghanaian banks offering attractive returns to shareholders.

The dividend payment process will follow the usual regulatory and financial market timelines. According to the bank’s notice to shareholders, the ex-dividend date is Wednesday, July 09, 2025. This means that investors who purchase SCB shares on or after July 09, 2025, will not be entitled to the final dividend payout.

Conversely, investors who acquire shares before or by the close of trading on Tuesday, July 08, 2025, will be eligible to receive the declared dividend. This date is crucial for both existing and prospective shareholders as it determines who qualifies for the dividend. Such timelines are standard in capital markets and provide clarity on entitlements for dividend-paying stocks.

In line with Ghana Stock Exchange (GSE) procedures, the shareholder register of SCB will close at the end of business on Friday, July 11, 2025. This marks the official cut-off point for identifying all eligible shareholders who will receive the final dividend. All investors listed in the company’s books on this date will qualify, pending the approval at the AGM.

This registration deadline is especially important for institutional investors and fund managers who may be strategizing their equity positions in anticipation of dividend income. It also provides a clear window for the necessary administrative reconciliation ahead of dividend disbursement.

Dividend Payment Scheduled for July 31, 2025

Should the dividend be approved during the AGM, shareholders can expect to receive their dividend on Thursday, July 31, 2025. This payout marks the final return for the 2024 fiscal year and reflects the bank’s prudent financial management, profitability, and commitment to returning value to its shareholders.

Standard Chartered Bank’s timely and reliable dividend payouts over the years have earned it a reputation as one of the most consistent performers on the Ghana Stock Exchange. The 2025 payment date offers investors a firm timeline to plan their cash flow expectations from the investment.

While the full financial statements for the 2024 fiscal year are yet to be discussed in detail at the AGM, the decision to propose a GH₵1.6704 per share dividend suggests that SCB maintained strong profitability and operational efficiency throughout the year. In previous periods, the bank has reported solid capital adequacy, reduced non-performing loans, and strategic investments in digital banking and customer experience.

This year’s dividend declaration further enhances investor confidence in the bank’s leadership and strategy, particularly amid ongoing economic adjustments and regulatory changes in Ghana’s financial sector.

With a yield that continues to outpace inflation and provide meaningful returns in a volatile economy, Standard Chartered Bank remains an attractive option for long-term and income-focused investors. The bank’s decision to maintain a high dividend payout ratio underscores its sound capital base and disciplined approach to growth.

As the ex-dividend date approaches, market analysts expect heightened trading activity in SCB shares, driven by investors positioning to benefit from the final dividend. This may reflect positively on the stock’s short-term price movements while reinforcing long-term investor loyalty.