April 12, (THEWILL) — Transnational Corporation Plc (Transcorp) has declared a final dividend of N1.60 per ordinary share for the 2025 financial year, payable to members listed on its register as of April 27, 2026.
According to a filing with the Nigerian Exchange, the dividend, worth N16.2 billion, is subject to shareholder approval at the company’s 20th Annual General Meeting on May 8, 2026, and withholding tax.
Eligible shareholders will receive their payments electronically on May 8, 2026, provided their names appear in the company’s register of members.
When added to the N0.40 interim dividend paid on August 19, 2025, the total dividend for the 2025 financial year stands at N2.00 per share, up from N1.00 in 2024.
Data from the Nigerian Exchange shows the final dividend is valued at N16.2 billion, based on an outstanding share count of 10,161,997,574 units.
This marks an increase compared to the N0.60 final dividend per ordinary share paid in the previous year, reflecting stronger shareholder returns.
For the 2025 financial year, Transcorp is paying a total dividend of N2.00 per share, representing a 100% year-on-year increase from N1.00, with a dividend yield of 4% at a share price of N50.
The N2.00 total dividend translates to N20.3 billion for 2025, with a payout ratio of 14.95%, higher than the 10.80% recorded in 2024.
According to the group’s 2025 balance sheet, retained earnings rose significantly to N181.1 billion from N62.1 billion in 2024, accounting for 51.27% of total equity of N353.3 billion.
On the income side, profitability was reflected in earnings per share, which increased to N8.44 from N1.45, supported by strong growth in revenue.
On the top line, revenue for 2025 rose to N544.1 billion, up from N407.9 billion in 2024.
A closer look shows the power segment, driven by electricity energy and capacity services, contributed N447.1 billion, while the hospitality subsidiary accounted for N97.03 billion.
Despite higher operating expenses, operating profit still increased significantly, reaching N197.3 billion, compared to N149 billion in the previous year.
Following an FX loss of N457.9 million, finance income of N1.2 billion, and finance costs of N18.6 billion, pre-tax profit settled at N179.5 billion, up 31.34 percent from N136.6 billion. Income tax of N43.5 billion brought post-tax profit to N135.9 billion.
The company’s board cited e-dividend registration as a requirement for receiving dividends, urging shareholders to contact the registrar, Africa Prudential.
Transcorp now has total assets of N1.002 trillion, higher than N751.5 billion reported in the prior year.
Transcorp closed its last trading day (Friday, April 10, 2026) at N46.45 per share on the Nigerian Exchange (NGX), recording a 7.1 percent drop from its previous closing price of N50.00.
Transcorp began the year with a share price of N45.40 and has since gained 2.31 percent on that price valuation.
The stock has traded a total volume of 240 million shares—in 25,012 deals—valued at N11.9 billion over the period, averaging a volume of 3.81 million shares (valued at N189 million) per session.
