Transnational Corporation Plc

NGSE:TRANSCORP Stock Report

Market Cap: ₦457.3b

Transnational Dividends and Buybacks

Dividend criteria checks 4/6

Transnational is a dividend paying company with a current yield of 4.44% that is well covered by earnings.

Key information

4.4%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield4.4%
Dividend Growth32.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio23%

Recent dividend and buyback updates

Recent updates

Narrative Update Apr 28

Transnational Corporation Plc Delivers Strong FY 2025 Earnings Growth Driven by Power and Hospitality Expansion

Analyst: Qudus Adebara (Research Analyst) Executive Summary Transnational Corporation Plc (“Transcorp”) recorded a strong financial performance for the year ended 31 December 2025, supported primarily by revenue growth in its Power and Hospitality segments , alongside fair value gains on investment properties. Revenue increased by 33% YoY to ₦544.14 billion , driven largely by electric energy sales from its power subsidiary and improved hospitality performance.
Narrative Update Mar 18

Transnational Corporation Plc – Expansion into Decentralised Renewable Energy Infrastructure

Author: Qudus Adebara (Research Analyst) Transnational Corporation Plc has strengthened its strategic positioning in Nigeria’s energy sector following the emergence of its subsidiary, Transcorp Energy Limited , as a successful bidder under the World Bank–supported Utility Enabled Projects (UEP) coordinated by the Rural Electrification Agency. The development marks a significant step in Transcorp’s expansion beyond conventional power generation into decentralised renewable energy solutions, reinforcing its long-term commitment to sustainable energy infrastructure and improved electricity access across Nigeria.
Narrative Update Mar 03

TRANSCORP GROUP PLC – SUSTAINED REVENUE MOMENTUM AND PROFIT GROWTH ANCHOR STRONG Q3 2025 PERFORMANCE

Analyst: Qudus Adebara (Research Analyst) Executive Summary Transnational Corporation Plc (“Transcorp Group” or “the Company”) delivered a resilient and impressive financial performance for the nine months ended 30 September 2025 , underscoring its strategic agility, diversified operations, and strong execution capability. Revenue rose 39% year-on-year to ₦413.4 billion (Q3 2024: ₦297.7 billion), reflecting broad-based growth across the Group’s power and hospitality segments.
Narrative Update Nov 11

TRANSCORP PLC – Strategic Expansion in Power & Hospitality Drives Resilient Performance in Q3 2025

Author: Adebara Qudus (Founder of Wane Investment House) Executive Summary Transnational Corporation Plc delivered robust revenue and earnings growth in Q3 2025, underscoring the resilience and strategic execution of its diversified portfolio across power, hospitality, and energy sectors. The Group reported power sector revenue of ₦341.1 billion with ₦93.2 billion PBT, surpassing the full-year 2024 performance, while the hospitality segment achieved ₦72.3 billion revenue and ₦22.4 billion PBT, reflecting operational efficiency, market recovery, and strong consumer demand.
Narrative Update Nov 02

Transnational Corporation Plc H1 2025 Results – Impressive Revenue Growth and Profit Expansion Across Segments

Transnational Corporation Plc (Transcorp) — Robust Revenue Growth and Improved Profitability Strengthen Group Fundamentals For the Period Ended 30 September 2025 Strategic Context Transnational Corporation Plc (Transcorp) delivered another strong performance for the nine months ended 30 September 2025, demonstrating solid operational execution across its power, hospitality, and energy segments. The Group’s resilience in navigating Nigeria’s evolving macroeconomic environment, coupled with its diversified business portfolio, continues to underpin sustained growth momentum.
New Narrative Mar 20

Transnational Corporation Plc's Strategic Expansion and Growth, following the Posts N408 Billion Revenue

Transnational Corporation Plc (Transcorp) has recorded a market capitalisation of N2.97tn and announced plans to expand its hospitality business with a new Hilton hotel in Ikoyi, Lagos. The company's

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: TRANSCORP's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Transnational Dividend Yield vs Market
How does TRANSCORP dividend yield compare to the market?
SegmentDividend Yield
Company (TRANSCORP)4.4%
Market Bottom 25% (NG)1.1%
Market Top 25% (NG)3.5%
Industry Average (Renewable Energy)3.0%
Analyst forecast (TRANSCORP) (up to 3 years)4.4%

Notable Dividend: TRANSCORP's dividend (4.44%) is higher than the bottom 25% of dividend payers in the NG market (1.09%).

High Dividend: TRANSCORP's dividend (4.44%) is in the top 25% of dividend payers in the NG market (3.49%)


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23%), TRANSCORP's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.2%), TRANSCORP's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 22:28
End of Day Share Price 2026/06/11 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

Transnational Corporation 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.