Capital Market

E-Tranzact Plans 12.5 Kobo Dividend for 2025 Financial Year

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Nigerian fintech company eTranzact International Plc has proposed a final dividend of 12.5 kobo per ordinary share of 50 kobo for the financial year ended December 31, 2025, signalling continued returns to shareholders despite challenging operating conditions in the country’s financial services sector.

The payment, which remains subject to shareholders’ approval and applicable withholding tax, will be made to investors whose names appear in the company’s register of members by the qualification date.

In an updated corporate actions announcement released on July 8, 2026, the electronic payment solutions provider said July 6, 2026, has been set as the qualification date for the dividend entitlement.

The company, however, did not propose any bonus issue for the period under review.

According to the disclosure, the register of shareholders will be closed to facilitate the processing of dividend payments, while the payment date is yet to be announced.

E-Tranzact also encouraged shareholders who have not enrolled in the electronic dividend payment system to complete their registration through its registrar, noting that the e-dividend process would ensure prompt receipt of future dividend payments.

The company further advised investors with outstanding dividend warrants or unclaimed share certificates to contact the registrar and regularise their holdings.

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