Transcorp reports N16.84bn as profit in FY 2022, proposes 5 kobo dividend to shareholders

The Board of Directors of Transnational Corporation Plc has approved the payment of 5 kobo as dividend to shareholders for the year ended 31 December2022.


The Group reported a turnover of N134.72bn for the 12 months period, up by 21.13% from N111.22 billion reported the previous year.


Transcorp achieved Profit after tax of N16.84 billion for the period under review, down by 29.34% from N23.83 billion reported the previous year.


Earnings per share of the Group stands at 41 kobo.


At the share price of N1.5, the P/E ratio of Transcorp stands at 3.62x with earnings yield of 27.62%

Source: Transcorp reports N16.84bn as profit in FY 2022, proposes 5 kobo dividend to shareholders – StocksWatch (stocksng.com)

All Comments:

  1. Mathias Yustus

    31/03/2023

    Good morning sir and ma, i am a Bonafide share holder of Transcorp Ltd, i bought my shares since 2005 up till now dividend has not been issued to me, pls how can i go ahead to apply for it please.

    • Thank you for reaching out to us. Please note that as a shareholder of Transcorp Plc and any other stock listed on the floor of the Nigerian Stock Exchange you have not lost any of your shares and/or dividends. Such can always be traced and recovered. Meanwhile, note that Transcorp Plc is currently paying a 5 kobo dividend per unit of its share.

      we can work with you to get all your outstanding shares and/or dividend. Kindly reach us via email through [email protected] to enable us talk more on this.

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