Transnational Corporation Plc (Transcorp) has declared a final dividend of N1.60 per ordinary share for the 2025 financial year. This dividend is payable to members listed on its register as of April 27, 2026.

The total dividend for the 2025 financial year, when added to the N0.40 interim dividend paid on August 19, 2025, amounts to N2.00 per share. This represents a 100% year-on-year increase from the N1.00 dividend paid in 2024.

The final dividend is worth N16.2 billion, based on an outstanding share count of 10,161,997,574 units. This payout is subject to shareholder approval at the company’s 20th Annual General Meeting on May 8, 2026, and applicable withholding tax.

Eligible shareholders will receive their payments electronically on May 8, 2026, provided their names appear in the company’s register of members.

For the 2025 financial year, Transcorp's total dividend of N2.00 per share translates to a N20.3 billion payout. This represents a payout ratio of 14.95%, an increase from the 10.80% recorded in 2024. At a share price of N50, this offers a dividend yield of 4%.

The company's financial performance for 2025 shows significant growth in retained earnings, which rose to N181.1 billion from N62.1 billion in 2024. This substantial increase accounts for 51.27% of the total equity, which stands at N353.3 billion.

Profitability was also reflected in the earnings per share, which increased to N8.44 from N1.45 in the previous year. This improvement was supported by strong growth in revenue.