eTranzact International Plc has proposed paying a final dividend of N1.15 billion, even as its profits dipped in the 2025 financial year. The payout works out to 12.5 kobo per share and reflects the company’s commitment to rewarding its shareholders despite the earnings challenges.
The company disclosed the proposal in a filing with the Nigerian Exchange (NGX) on April 1, 2026. Shareholders on the company’s register by July 6, 2026, will qualify for the dividend. The register will then be closed from July 7 to July 22, 2026, with payments scheduled for July 23, 2026, after applicable taxes.
“The company emphasized that the proposed dividend will be credited electronically to shareholders who have completed the e-dividend registration process,” eTranzact said. Eligible shareholders will have the funds directly transferred to their bank accounts via Meristem Registrars Limited once approved at the Annual General Meeting (AGM). “The eligible shareholders will receive direct electronic payments through the registrar, Meristem Registrars Limited, after shareholders’ approval at the forthcoming Annual General Meeting (AGM),” the company added. Investors yet to complete e-dividend registration have been urged to do so to ensure they receive their payments.
Financially, eTranzact reported modest revenue growth but a decline in profit. Revenue edged upward compared to the previous year, reflecting steady demand for its services, but profit before tax fell by 16.3%, impacted by rising administrative costs. While the company’s gross profit increased by nearly 24.5% due to a decline in the cost of sales, higher operating expenses eroded operating profit, showing how costs continue to challenge the company’s earnings.
Despite these earnings pressures, eTranzact’s shares remained stable on April 1, closing at N20.15 per share, signaling that investors were not overly concerned by the dip in profit. Over the year, the stock has seen significant gains, making it one of the stronger performers on the Nigerian Exchange in terms of year-to-date returns.
With 9.2 billion shares in circulation and a market capitalization around N185 billion, eTranzact remains one of Nigeria’s leading fintech companies. The dividend proposal highlights the company’s commitment to shareholder value, even as rising costs continue to test profitability across the sector.
