Transnational Corporation (Transcorp) Plc has declared a total dividend of N20.3 billion, representing N2.00 per share, to shareholders at its 20th Annual General Meeting held at the Transcorp Centre in Abuja.
The dividend consists of an interim payment of N4.06 billion, representing 40 kobo per share, paid in August 2025 and a final dividend of N16.26 billion, equivalent to N1.60 per share.
Shareholders at the meeting also approved the company’s audited financial statements for the year ended December 31, 2025.
Speaking at the AGM, chairman of Transcorp Plc Tony Elumelu said the company remained focused on corporate governance and executing its strategic priorities to deliver long-term value.
He said the group’s diversified portfolio contributed to its financial performance despite economic challenges.
According to the company, revenue for 2025 rose by 33 percent to N544 billion from N408 billion recorded in 2024.
Profit before tax increased by 31 percent to N179.5 billion from N136.7 billion, while profit after tax rose by 44 percent to N135.9 billion from N94.1 billion in the previous year.
President and group chief executive officer of Transcorp Plc Owen Omogiafo said the company remained committed to addressing Nigeria’s energy supply gap through its investments in the sector.
She also referenced the 5,000-seat Transcorp Centre Abuja as part of the company’s hospitality investments.
Some shareholders commended the company’s management and staff for the 2025 performance.
One of the shareholders, Mrs E. O. Obideyi, praised the management and staff for sustaining the company’s performance over the years.
Another shareholder, Mr Moses Igrude, said the company had continued to achieve its objectives under Elumelu’s leadership.
Transcorp Group has investments in power, hospitality and energy. Its subsidiaries include Transcorp Power Plc and Transafam Power, which the company said account for over 20 percent of Nigeria’s installed power capacity.
