Will United Bank for Africa officially announce a “Bonus Share Issue” (Scrip Dividend) or revise its dividend recommendation by Friday, May 1, 2026?

Outcome: NO

How this forecast is settled

Will UBA adjust dividends or issue bonus shares? These decisions follow formal processes and rarely happen on short notice.

Resolution

NO, United Bank for Africa (UBA) did not announce a Bonus Share Issue or revise its dividend recommendation by Friday, May 1, 2026.Instead of a "Bonus" or a "Revised Payout," the bank's management spent the week defending their controversial decision to skip the Final Dividend for the 2025 financial year entirely. While CEO Oliver Alawuba publicly assured investors on April 27 that this was a "one-off" measure to strengthen capital and that payouts would "resume in 2026," no immediate change to the zero-dividend policy was made before the holiday weekend

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