Nigerian Exchange Group (NGX) Plc has declared an interim dividend of ₦1.30 per ordinary share for the six months ended June 30, 2026, following a record first-half financial performance driven by stronger trading activity, improved operating efficiency, and higher earnings from its investee companies.
According to the Group’s unaudited H1 2026 financial results filed with the Nigerian Exchange (NGX) Limited, revenue rose sharply to ₦17.60 billion, compared with ₦8.08 billion recorded in the corresponding period of 2025.
Total income also increased significantly to ₦19.34 billion, reflecting continued momentum across the Group’s business segments.
What the data is saying
NGX Group delivered strong growth across its major financial indicators during the first half of 2026.
Key highlights include:
- Revenue rose to ₦17.60 billion, representing a 118% year-on-year increase from ₦8.08 billion.
- Total income climbed 96% to ₦19.34 billion.
- Profit before tax (PBT) surged 170% to ₦14.76 billion, compared with ₦5.46 billion in H1 2025.
- Profit after tax (PAT) increased 146% to ₦10.36 billion, up from ₦4.22 billion a year earlier.
- The Board proposed an interim dividend of ₦1.30 per ordinary share of 50 kobo each, subject to applicable withholding tax.
The impressive earnings growth reflects stronger market activity and improved profitability across the Group’s operations.
More insights
The record first-half performance comes amid increased activity in Nigeria’s capital market, with higher trading volumes, improved investor participation, and stronger equity market performance contributing to the Group’s earnings.
NGX also benefited from improved operating leverage, allowing revenue growth to translate into significantly higher profitability, while increased contributions from investee companies further strengthened overall earnings.
The interim dividend signals management’s confidence in the Group’s financial position and cash-generating ability, while rewarding shareholders midway through the financial year.
For investors seeking to qualify for the dividend, timing is important.
What you should know
The dividend announcement includes key qualification and payment dates.
Key highlights include:
- Interim dividend: ₦1.30 per ordinary share.
- Qualification date: Shareholders must be on the company’s register by July 29, 2026.
- Register of Members closes: July 30, 2026.
- Dividend payment date: August 5, 2026.
- The dividend will be paid subject to the applicable withholding tax.
The strong first-half results reinforce NGX Group’s position as one of the key beneficiaries of the resurgence in Nigeria’s capital markets. If elevated trading activity and favourable market conditions persist into the second half of the year, the Group could remain on track for another record full-year performance while continuing to deliver attractive returns to shareholders.
