Transnational Dividends and Buybacks
Dividend criteria checks 4/6
Transnational is a dividend paying company with a current yield of 5.77% that is well covered by earnings.
Key information
5.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 36.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Reports (Unaudited) Lower H1 2026 Earnings Amid Revenue Contraction, but Balance Sheet Remains Resilient
Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Transnational Corporation Plc (“Transcorp”) reported a softer financial performance for the six months ended June 30, 2026, as weaker revenue contributions from its power business offset resilient performance from its diversified portfolio. Group revenue declined by 13% YoY to ₦241.5 billion from ₦279.0 billion in H1 2025, primarily due to lower energy dispatch and capacity charge revenues from its power subsidiary.Transcorp Delivers Resilient Q1 2026 Earnings Growth Supported by Diversified Revenue Streams and Improved Finance Position
Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Capital Group) Transnational Corporation Plc delivered a resilient performance for the three months ended March 31, 2026, underpinned by improved finance income, diversified revenue streams across hospitality and power segments, and steady operational efficiency despite a decline in top-line revenue. Group revenue declined by 13% YoY to ₦125.14 billion, largely reflecting lower power generation output and capacity charges.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.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.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.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.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.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'sStability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRANSCORP) | 5.8% |
| Market Bottom 25% (NG) | 1.2% |
| Market Top 25% (NG) | 3.7% |
| Industry Average (Renewable Energy) | 3.0% |
| Analyst forecast (TRANSCORP) (up to 3 years) | 5.8% |
Notable Dividend: TRANSCORP's dividend (5.77%) is higher than the bottom 25% of dividend payers in the NG market (1.18%).
High Dividend: TRANSCORP's dividend (5.77%) is in the top 25% of dividend payers in the NG market (3.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.3%), TRANSCORP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.6%), TRANSCORP's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/20 08:50 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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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.