Transcorp Hotel Plc has declared a final dividend of 64 kobo to its shareholders for the year ended 31 December 2024. This, when combined with the Interim Dividend of 10 kobo paid on Thursday, August 15, 2024, will bring the Total Dividend for the 2024 financial year to 74 kobo per ordinary share.
The Company reported revenue of N70.134 billion for the 12 months period, up by 69.18% from N41.456 billion reported the previous year.
Profit after tax of N14.896 billion was reported for the 12 months period, up by 138.18% from N6.254 billion reported in FY 2023.
Earnings per share of Transcorp Hotel stands N1.45.
At the share price of N126.10, the P/E Ratio of Transcorp Hotel stands 86.71x with earnings yield of 1.15%.
The qualification date for the proposed dividend is on Tuesday, March 25, 2025.
The Register of Shareholders will be closed on Wednesday, March 26, 2025, to Thursday April 3, 2025 (both days inclusive).
On Wednesday, April 16, 2025, dividends will be paid electronically to shareholders whose names appear on the Register of Members as of Tuesday, March 25, 2025, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.