VFD Group PLC

NGSE:VFDGROUP Stock Report

Market Cap: ₦129.9b

VFD Group Dividends and Buybacks

Dividend criteria checks 3/6

VFD Group is a dividend paying company with a current yield of 2.44% that is well covered by earnings.

Key information

2.4%

Dividend yield

-39.4%

Buyback Yield

Total Shareholder Yield-37.0%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio29%

Recent dividend and buyback updates

Recent updates

Narrative Update Jul 13

VFD Group Plc Reports Strong Q1 2026 Earnings Growth Driven by Investment Income Expansion Despite Elevated Finance Costs

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) VFD Group Plc delivered a solid financial performance for the period ended March 31, 2026, underpinned by strong growth in investment income and diversified revenue streams. Gross earnings rose significantly by 37% YoY to ₦27.1 billion, supported by expansion in investment and similar income across multiple asset classes.
Narrative Update May 06

VFD Group Plc Delivers Strong FY 2025 Balance Sheet Expansion and Robust Comprehensive Income Despite Margin Pressure from High Finance Cost

Analyst: Qudus Adebara (Research Analyst) Executive Summary VFD Group Plc delivered a solid FY 2025 performance marked by strong balance sheet expansion, resilient core investment income, and exceptional comprehensive income growth , despite persistent pressure from elevated finance costs and higher impairment charges. For the year ended December 31, 2025, the Group recorded Profit After Tax (PAT) of ₦9.68 billion , representing an 11.4% YoY increase , supported by strong fair value gains on equity investments and disciplined cost control.
Narrative Update Feb 08

VFD GROUP PLC Q3 Result– Robust Earnings Momentum and Strong Balance Sheet Growth Underpin Solid Nine-Month Performance

Analyst: Qudus Adebara Executive Summary VFD Group Plc reported an impressive performance for the nine months ended 30 September 2025 , with substantial growth across core earnings, profitability, and balance sheet size. The Group sustained its strategic expansion drive across its diversified investment portfolio, demonstrating strong resilience and earnings momentum despite a challenging macroeconomic environment.
Narrative Update Nov 09

VFD GROUP PLC Q3– Strong Earnings Growth and Solid Balance Sheet Strength amid Strategic Portfolio Expansion

Executive Summary VFD Group Plc (VFD or “the Group”) reported a resilient performance for the nine months ended 30 September 2025, reflecting strong growth across its core income lines and continued diversification of its investment portfolio. The Group delivered a gross earnings increase of 34.9% year-on-year to ₦60.72 billion (9M 2024: ₦45.01 billion), driven by sustained momentum in investment income and fair value gains on financial assets.
Narrative Update Oct 17

VFD Group Plc Q2/H1 Result – Solid Growth Trajectory Amidst Rising Finance Costs

VFD Group Plc – Launches ₦50.67 Billion Rights Issue to Strengthen Capital Base and Accelerate Pan-African Expansion VFD Group Plc , one of Nigeria’s leading investment holding companies, has announced the launch of a ₦50.67 billion Rights Issue aimed at strengthening its capital base, improving liquidity, and accelerating its expansion into Africa and the United Kingdom. The offer comprises 5,067,396,400 ordinary shares of 50 kobo each , priced at ₦10 per share , on the basis of two new shares for every three existing shares held.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether VFDGROUP's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if VFDGROUP's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

VFD Group Dividend Yield vs Market
How does VFDGROUP dividend yield compare to the market?
SegmentDividend Yield
Company (VFDGROUP)2.4%
Market Bottom 25% (NG)1.1%
Market Top 25% (NG)3.4%
Industry Average (Capital Markets)5.4%
Analyst forecast (VFDGROUP) (up to 3 years)n/a

Notable Dividend: VFDGROUP's dividend (2.44%) is higher than the bottom 25% of dividend payers in the NG market (1.19%).

High Dividend: VFDGROUP's dividend (2.44%) is low compared to the top 25% of dividend payers in the NG market (3.46%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.8%), VFDGROUP's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (4.7%), VFDGROUP's dividend payments are thoroughly covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/23 01:17
End of Day Share Price 2026/07/23 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VFD Group PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.