Final Dividend
CAL has announced that the Directors of the bank have proposed a final dividend of GH¢0.013 per share in respect of its financial year ended December 31, 2010. This is subject to shareholders approval at the bank’s Annual General Meeting.
Qualifying date
All shareholders registered in the books of CAL at the close of business on Wednesday, March 23, 2011 will qualify for the final dividend.
Closure of Register
The Register of shareholders will be closed from Thursday, March 24, – Wednesday, March 30, 2011 (both dates inclusive).
Ex-Dividend Date
In view of the foregoing, the ex-dividend date has been set as Monday, March 21, 2011. Consequently, an investor purchasing CAL shares before this date will be entitled to the final dividend. However, an investor buying CAL shares on or after Monday, March 21, 2011 will not be entitled to the final dividend.
Dividend Payment Date
The final dividend will be paid on Friday, April 29, 2011.
Annual General Meeting
The bank’s Annual General Meeting will be held on Thursday, March 31, 2011 at the Ghana College of Physicians and Surgeons at 10.00 am.
Issued in Accra, this 2nd
day of March, 2011