Amaechi Raphael Chinedu

@Official_ARC·3h

GTCO's register closed today. Here's what that means

$GTCO's ₦1.00 interim dividend register closed today. Payment to NGX shareholders is scheduled for Oct 20. If you weren't on the register by close of business on Oct 12, this payout isn't yours — even if you buy shares before the money lands. Three dates that matter on NGX dividends: 1. Qualification date — you must be on the company's register by close of business. For GTCO, that was Oct 12. 2. Register close — usually the next day, when the registrar freezes the list. That's today for this interim. 3. Payment date — when cash hits e-dividend bank accounts. GTCO: Oct 20 (subject to withholding tax). Settlement takes time, so the last day to buy if you want to qualify is often earlier than the qualification date itself. Ask your broker before the next one. Coming up: $STANBIC 's ₦4.50 interim qualifies this Thursday, Oct 15 (payment Nov 13). GTCO last closed around ₦127.70. This interim alone is ₦1 per share before tax — useful to know how the calendar works, not a reason to chase a stock. Which dividend dates are you tracking this month? Not financial advice.