Trust Bank of the Gambia declares dividend

Accra, Nov. 22, GNA - The Trust Bank of the Gambia (TBL) on Monday announced an interim dividend of about 463.02 cedis per share in respect of its financial year ended December 31, 2004.

A statement issued by the Ghana Stock Exchange on which TBL is one of the listed equities said members registered in the books of the Bank at the close of business on Monday, November 29 would qualify for the payment of the interim dividend.

The register of shareholders would be closed on November 30. The interim dividend would be paid on December 1.

The statement said the ex-dividend date has been set as Wednesday, November 24. "Consequently, an investor purchasing TBL shares before this date will be entitled to the interim dividend. However, an investor buying TBL shares on or after Wednesday, November 24 will not be entitled to the interim dividend."

The share price of the Bank on the Stock Exchange last Friday was 31,000 cedis.