Eterna Plc

NGSE:ETERNA Stock Report

Market Cap: ₦43.8b

Eterna Dividends and Buybacks

Dividend criteria checks 2/6

Eterna is a dividend paying company with a current yield of 1.49% that is well covered by earnings. Next payment date is on 12th May, 2026 with an ex-dividend date of 14th April, 2026.

Key information

1.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-1.0%
Next dividend pay date12 May 26
Ex dividend date14 Apr 26
Dividend per sharen/a
Payout ratio18%

Recent dividend and buyback updates

Recent updates

Narrative Update Feb 25

Eterna Plc – Modest Profitability Amid Lower Revenue in 9M 2025

Analyst: Qudus Adebara Executive Summary Eterna Plc delivered a modest performance for the nine months ended September 30, 2025, amid softer revenue and ongoing cost pressures. The Group reported revenue of ₦212.84 billion , a decline of 9% YoY from ₦233.75 billion in 9M 2024, driven largely by lower sales volumes across key product lines.
Narrative Update Dec 11

Eterna Plc’s Rights Issue: Strengthening Logistics Backbone, Deepening LPG Penetration & Scaling Aviation Fueling Capacity

Eterna Plc’s decision to launch a ₦21.52 billion Rights Issue, Under the approved structure, existing shareholders will receive three (3) new shares for every four (4) shares held as of the November 27, 2025 qualification date. The offer opens on January 12, 2026 and closes on February 18, 2026 with current outstanding shares.
Narrative Update Nov 02

Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth

Eterna Plc Calls for Targeted LPG Investment to Accelerate Clean Energy Transition Overview At the 2025 NAEC Energy Conference themed “Nigeria’s Energy Future: Exploring Opportunities and Addressing Risks for Sustainable Growth,” the Managing Director of Eterna Plc, Mr. Olumide Adeosun, called for targeted investments in the liquefied petroleum gas (LPG) value chain to expand access and accelerate the adoption of clean cooking across Nigeria. While compressed natural gas (CNG) has gained significant government and private sector attention as a cleaner fuel alternative for transportation, Adeosun cautioned that LPG adoption has stagnated, undermining Nigeria’s energy transition and public health goals.
Narrative Update Oct 17

Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth

Eterna Plc Calls for Targeted LPG Investment to Accelerate Clean Energy Transition Overview At the 2025 NAEC Energy Conference themed “Nigeria’s Energy Future: Exploring Opportunities and Addressing Risks for Sustainable Growth,” the Managing Director of Eterna Plc, Mr. Olumide Adeosun, called for targeted investments in the liquefied petroleum gas (LPG) value chain to expand access and accelerate the adoption of clean cooking across Nigeria. While compressed natural gas (CNG) has gained significant government and private sector attention as a cleaner fuel alternative for transportation, Adeosun cautioned that LPG adoption has stagnated, undermining Nigeria’s energy transition and public health goals.
Narrative Update Aug 05

Eterna Plc Q2/H1 Result– Strategic Turnaround Driving Renewed Growth

Eterna Plc: Sustains Profitability Amid Sector Headwinds, Driven by Strategic Agility Eterna Plc has delivered a solid turnaround in H1 2025 , reporting a ₦1.57 billion pre-tax profit compared to a ₦3.57 billion loss in H1 2024. Revenue grew modestly by 7% YoY to ₦157.7 billion , supported by strategic positioning, operational efficiency, and improved cost discipline.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ETERNA has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ETERNA's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Eterna Dividend Yield vs Market
How does ETERNA dividend yield compare to the market?
SegmentDividend Yield
Company (ETERNA)1.5%
Market Bottom 25% (NG)1.0%
Market Top 25% (NG)3.3%
Industry Average (Oil and Gas)4.1%
Analyst forecast (ETERNA) (up to 3 years)n/a

Notable Dividend: ETERNA's dividend (1.49%) is higher than the bottom 25% of dividend payers in the NG market (1.02%).

High Dividend: ETERNA's dividend (1.49%) is low compared to the top 25% of dividend payers in the NG market (3.32%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.1%), ETERNA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ETERNA is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 08:22
End of Day Share Price 2026/05/08 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

Eterna Plc is covered by 0 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.