Standard Chartered Bank Ghana PLC is once again rewarding its shareholders — this time with a final dividend of GH₵1.6704 per share for the 2024 financial year.
This announcement is great news, especially for long-term investors who have stayed committed through the highs and lows of Ghana’s financial sector in recent years. But beyond the headline number, there’s a lot to unpack about what this means for you as an investor or someone eyeing the Ghana Stock Exchange.
Important Dates to Keep in Mind
If you’re hoping to cash in on this dividend, here are the key dates to remember:
- Ex-Dividend Date: Wednesday, July 9, 2025
(If you buy shares on or after this date, you won’t be entitled to the dividend.) - Record Date: Friday, July 11, 2025
(Only shareholders on the register by this date will qualify.) - Payment Date: Thursday, July 31, 2025
(That’s when you can expect the money to hit your account!)
A Sign of Strength After Rough Times
This dividend announcement is more than just a payout — it signals confidence and stability. A few years ago, the financial sector, including Standard Chartered, had to navigate the effects of Ghana’s Domestic Debt Exchange Programme (DDEP), which temporarily paused dividend distributions.
But now, things are bouncing back. In 2023, SCB Ghana returned to form with a pre-tax profit of GH₵1.36 billion, a massive turnaround from a loss of GH₵381 million in 2022. On top of that, the bank holds solid liquidity and capital positions, boasting a Capital Adequacy Ratio of 27.7% and a liquidity ratio of 93%.
So, What Does This Mean for You as an Investor?
Let’s break it down.
At the current share price (around GH₵26), this dividend of GH₵1.6704 translates to a dividend yield of approximately 6.4% — a respectable return for holding onto one of Ghana’s more stable banking stocks.
If you’re already a shareholder, this is your reward for sticking with the bank through its restructuring phase. If you’re not yet invested, it might be a good time to consider adding SCB Ghana to your watchlist — but remember, to receive this dividend, you’ll need to own the shares before the ex-dividend date on July 9.
Past Dividends & What’s Next
This year’s dividend is slightly lower than the GH₵2.94 per share paid in 2023, but it's still strong. The drop could reflect prudent capital planning — a smart move considering the broader economic landscape.
The final green light for the dividend will come during the Annual General Meeting (AGM), where shareholders are expected to approve the payout.
Bottom Line
Standard Chartered Ghana is sending a strong message: the bank is back in business, and shareholders are a priority. Whether you’re a retail investor or just starting to explore the stock market, this dividend payout is a clear reminder that long-term investing in fundamentally strong companies still pays off.
So, mark your calendar, review your investment portfolio, and keep an eye on StanChart Ghana — one of the few banks that continues to combine stability, growth, and consistent shareholder value.
Pro Tip: Want to receive the dividend? Buy your shares before July 9, 2025!
Let’s see how the rest of 2025 plays out — but for now, SCB Ghana is definitely one to watch.
