Investors in Stanbic IBTC Pension Exchange Traded Fund (ETF) 40 are to receive a dividend of 143 kobo per unit for the Quarter ended 30 June 2017. In a notification to the Nigerian Stock Exchange (NSE) last week, the Fund said the dividend would be paid to investors whose names would appear on its register by the close of business on July 24, 2017. The dividend would then be paid on August 7.
The Foreign Account Tax Compliance Act (FATCA) is a new legal and regulatory tax driven requirement originated from the United States of America.
Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc, has unveiled an initiative to educate and empower Nigerians by launching a multi-media nationwide Investor Education Campaign.