Key Points
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MTN Nigeria interim dividend boosts investor sentiment.
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Shareholders prepare for new payout amid market strain.
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Telecom revenues steady despite sector-wide challenges.
Telecommunications giant MTN Nigeria Plc (Ticker: MTNN) is set to pay an interim dividend to shareholders this week, according to the company’s corporate disclosure. The move comes after a strong financial performance in the first nine months of 2025, signaling renewed confidence in the company’s earnings and resilience despite past currency shocks.
The announcement ends a two-year dividend hiatus during which the company grappled with foreign exchange exposure that weakened its balance sheet following naira devaluation. MTN’s board now plans to share profits with investors in the form of a dividend, reflecting both improved cash flows and a strategic focus on rewarding shareholders.
Board approves N5 interim dividend per share
The board of directors has approved an interim dividend of N5 per 2 kobo ordinary share, subject to withholding tax, MTN disclosed on the Nigerian Exchange. The dividend will be paid to shareholders registered in the company’s books as of the close of business on 20 November 2025.
“On 28 November 2025, dividends will be paid electronically to shareholders who have completed the e-dividend registration and mandated the Registrar to credit their bank accounts directly,” MTN said. The payout marks a significant step in MTN’s efforts to stabilize investor confidence after a challenging two-year period affected by currency volatility and market pressures.
Dividend ends two-year hiatus amid FX challenges
MTN Nigeria’s dividend break followed steep fluctuations in the naira that exposed the company’s earnings to foreign exchange risk. Analysts note that the payout demonstrates the company’s ability to navigate currency headwinds while maintaining operational efficiency. Investors have been watching closely, as the dividend signals a return to consistent shareholder rewards and may influence sentiment in the broader telecom sector.
Shares slip but market value remains strong
Despite the dividend announcement, MTN Nigeria shares experienced soft selloffs last week, closing at N465 per share. This brought the company’s market value down to 9.762 trillion naira, which is about 11% less than the 52-week high. People who watch the market say that the short-term drop is due to profit-taking and general market volatility, not worries about MTN’s fundamentals.
MTN Nigeria is not only rewarding long-term investors with this interim dividend, but it is also sending a message of financial stability and strength in a market that is often affected by macroeconomic pressures. The payout is expected to boost confidence as the telecom giant keeps growing its services and stays at the top of the Nigerian market.
