Custodian Investment Plc has reported a remarkable financial performance for the 2024 fiscal year, achieving a profit before tax (PBT) of ₦60.67 billion, representing a 133% surge compared to ₦22.99 billion in 2023. This milestone comes despite a challenging macroeconomic landscape marked by inflationary pressures, currency volatility, and global uncertainty.
The company also recorded gross revenue of ₦152 billion, up 54% from ₦98.87 billion in the prior year, driven by robust performance across its business segments and prudent asset deployment.
Dividend Declaration:
To reward shareholders, the Board declared a total dividend of ₦1.25 (125 kobo) per ₦0.50 share, consisting of:
- ₦0.15 interim dividend (paid earlier)
- ₦1.10 final dividend for 2024
This reflects the company’s disciplined capital allocation strategy and commitment to shareholder value.
Conclusion:
Custodian Investment Plc's 2024 results affirm its position as a leading diversified financial services group in Nigeria. With a solid capital base, forward-looking governance, and shareholder-centric strategy, the company is well-poised to sustain its growth trajectory and navigate future economic cycles with confidence.
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