Transcorp Power Plc has declared an interim dividend of N1.50 to its shareholders for the period ended 30 June 2024.
The Company reported revenue of N135.443 billion for the 6 months period, up by 142.15% from N55.934 billion reported the previous year.
Profit after tax grew year on year by 233.03% to N36.777 billion from N11.043 billion reported the previous year.
Earnings per share of the Company stands at N4.90.
At the share price of N373.9, the P/E ratio of Transcorp Power stands at 76.25x with earnings yield of 1.31%.
Qualification date for the interim dividend is Tuesday, August 6, 2024
The Register of Shareholders will be closed from Wednesday, August 7, 2024, to Tuesday, August 13, 2024 (both dates inclusive)
On Friday, August 16, 2024, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at Tuesday, August 6, 2024 and who have completed the edividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.