Home » NGX Group Declares ₦1 Interim Dividend as Profit Stays Strong

NGX Group Declares ₦1 Interim Dividend as Profit Stays Strong

The move underscores the Exchange’s confidence in resilience, profitability

by Otobong Tommy
NGX Group Declares ₦1 Interim Dividend as Profit Stays Strong

KEY POINTS


  • NGX declares ₦1 interim dividend per share.

  • Dividend approved after Q3 unaudited financials.

  • Payment date: November 18, 2025.


The Nigerian Exchange Group Plc (NGX Group) has announced an interim dividend of ₦1.00 for every 50 kobo ordinary share after its third-quarter financial results for the period ending September 30, 2025 were approved.

A statement on Friday said that the Board of Directors meeting on Wednesday, October 29, 2025, had approved the decision.

The Group also said again that it is committed to open governance, financial discipline, and making value that lasts.

“This declaration reaffirms the Board’s confidence in NGX Group’s solid fundamentals and long-term prospects,” said Alhaji Umaru Kwairanga, Chairman of the NGX Group. “We have also maintained a consistent dividend track record that reflects our unwavering commitment to shareholder value.”

Popoola: Dividend reflects discipline and profitability

The Group’s Managing Director and Chief Executive Officer, Temi Popoola, said the interim dividend was a direct reflection of the Group’s financial discipline and operational consistency.

“Our commitment to shareholders is at the heart of every strategic decision we make,” Popoola said. “This dividend reflects the Group’s strong financial discipline, consistent profitability, and prudent capital allocation.”

He also added that NGX would continue to pursue growth opportunities across its ecosystem, reinforcing its role as a driver of capital market prosperity in Africa.

The Group also reiterated its dedication to transparent governance, financial discipline, and sustainable value creation.

Payment details and market performance

Furthermore, the company will pay the interim dividend to shareholders listed in the Register of Members as of the close of business on Friday, November 7, 2025. Eligible shareholders will  receive electronic payments on Tuesday, November 18, 2025.

Moreover the announcement comes at a good time for the Nigerian capital market, which saw its market capitalization rise by ₦22.14 trillion in the first half of 2025.

The All-Share Index went up from 103,180.14 points on January 2 to 135,166.51 points on July 28, a 31.02% year-to-date gain. The market capitalization went up from ₦62.92 trillion on January 2 to ₦85.46 trillion on July 28, a 35.78% increase.

In conclusion, NGX Group Plc is the parent company of a number of enterprises that are part of Nigeria’s financial industry ecosystem.

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