Transnational Corporation Plc (Transcorp) has announced a total dividend payout of N20.3 billion to shareholders following a strong financial performance in the 2025 business year.
The announcement was made during the company’s 20th Annual General Meeting (AGM), which took place at the newly completed Transcorp Centre in Abuja.
The total dividend consists of an interim payment of over N4.06 billion, equal to 40 kobo per share, which was paid in August 2025. Shareholders will also receive a final dividend of more than N16.25 billion, representing N1.60 per share.
At the meeting, shareholders approved the company’s audited financial statements for the year ended December 31, 2025. They also praised the management and board of the company for maintaining strong growth despite economic challenges.
Speaking at the AGM, the Chairman of Transcorp Plc, Tony O. Elumelu, reaffirmed the company’s commitment to creating long-term value for investors through strong corporate governance and strategic execution.
According to the company, Transcorp achieved impressive financial growth across major business indicators in 2025. Revenue increased by 33 percent from N408 billion in 2024 to N544 billion in 2025.
Profit Before Tax also rose by 31 percent from N136.7 billion to N179.5 billion, while Profit After Tax grew by 44 percent to N135.9 billion, compared to N94.1 billion recorded in the previous year.
The group’s combined market capitalization was valued at N4.78 trillion, equivalent to about $3.52 billion, as of May 7, 2026.
Elumelu stated that the company’s diversified investment portfolio helped it remain financially stable despite the difficult economic environment.
He explained that Transcorp remains focused on disciplined execution of its long-term strategy and sustainable growth across its various sectors.
The President and Group Chief Executive Officer of Transcorp Plc, Owen D. Omogiafo, described 2025 as a year marked by resilience, strategic focus, and operational discipline.
She said the company remains committed to helping address Nigeria’s energy challenges by investing in the power sector and working to reduce the gap between electricity demand and supply.
Omogiafo also highlighted the newly unveiled 5,000-seat Transcorp Centre as evidence of the company’s continued investment in infrastructure and hospitality development.
According to her, more projects are expected in the coming years as the company continues expanding its operations and creating value for the country.
Shareholders at the AGM expressed satisfaction with the company’s performance and leadership.
One of the shareholders, Mrs. E. O. Obideyi, commended the board, management, and staff of the company for maintaining consistent growth year after year.
Another shareholder, Moses Igrude, praised the leadership of Elumelu and said the company had remained true to its vision of improving lives and transforming Africa.
He noted that Transcorp’s growth over the years reflects the success of its long-term goals and strategic direction.
