eTranzact International Plc has proposed a final dividend of 12.5 kobo per ordinary share for the financial year ended December 31, 2025, subject to shareholder approval at its forthcoming Annual General Meeting (AGM).
In an updated corporate action announcement filed with the Nigerian Exchange Limited (NGX), the electronic payments company said eligible shareholders will receive the dividend after the deduction of the applicable withholding tax.
The company fixed July 6, 2026, as the qualification date for the proposed dividend, meaning only shareholders whose names appeared on the register as of that date will be entitled to the payment.
eTranzact also disclosed that its register of shareholders will remain closed until July 22, 2026, as part of the dividend processing exercise.
While the dividend proposal has been announced, the company said the payment date has not yet been determined.
Similarly, the date for its Annual General Meeting has not been fixed, noting that a new date will be communicated to shareholders in due course.
The payments technology company confirmed that no bonus issue has been proposed for the 2025 financial year.
To facilitate seamless dividend payments, eTranzact encouraged shareholders who have not enrolled in the electronic dividend payment platform to complete the e-dividend registration process through its registrar, Meristem Registrars and Probate Services Limited, or their respective banks.
The company also urged investors with outstanding dividend warrants or unclaimed share certificates to contact the registrar to regularise their records and ensure future dividend payments are received electronically.
The proposed dividend will become payable only after shareholders approve the recommendation at the company’s rescheduled Annual General Meeting, in line with regulatory requirements.
eTranzact, one of Nigeria’s leading electronic payment service providers, continues to strengthen its position in the country’s digital payments ecosystem as demand for electronic financial services expands across the economy.
