IHS Holding Dividends and Buybacks
Dividend criteria checks 0/6
IHS Holding does not have a record of paying a dividend.
Key information
n/a
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.3% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | n/a |
Recent dividend and buyback updates
No updates
Recent updates
Narrative Update • May 01
IHS: MTN Cash Merger Price And Shareholder Support Will Drive Upside
Analysts have reduced their price target on IHS Holding to $8.50 from $17.00, citing the agreed acquisition by MTN Group at $8.50 per share and the high level of existing shareholder support for the deal. Analyst Commentary Recent research on IHS Holding centers on the agreed acquisition by MTN Group at US$8.50 per share, which now anchors how many analysts think about valuation and risk.
Narrative Update • Apr 17
IHS: MTN Cash Takeover Will Define Future Returns And Deal Risk
Analysts have trimmed their price target on IHS Holding to $9.00 from $9.63, citing the agreed $8.50 per share cash takeover by MTN Group and the high level of existing shareholder support for the deal. Analyst Commentary Analysts are adjusting their views on IHS Holding now that the company has agreed to be acquired by MTN Group for $8.50 per share and a large block of shareholders has already backed the deal.
Narrative Update • Apr 02
IHS: MTN Cash Offer Will Cap Upside And Drive Bearish Repricing
Analysts have trimmed their price target on IHS Holding to $8.50 from $17, reflecting the agreed $8.50 per share cash offer from MTN Group and the high level of shareholder support already lined up for the deal. Analyst Commentary Bearish analysts are signaling a more cautious stance on IHS Holding after the agreed cash offer of $8.50 per share, with price targets being reset to align with the proposed deal terms.Narrative Update • Mar 19
IHS: MTN Cash Offer And Downgrade Will Define Risk And Upside
Analysts have trimmed their price target on IHS Holding to $8.50 from $17.00 following the announced $8.50 per share merger agreement with MTN Group and the securing of support from shareholders holding more than 40% of the stock. Analyst Commentary Bearish analysts are treating the agreed US$8.50 per share merger price as a ceiling on near term upside, resetting expectations and bringing ratings in line with the proposed deal value.Narrative Update • Mar 05
IHS: MTN Cash Offer Will Anchor Returns And Limit Standalone Upside
Analysts have adjusted their price target on IHS Holding to $8.50, down from $17.00. This reflects the agreed $8.50 per share cash offer from MTN Group and the high level of shareholder support for the proposed merger.Narrative Update • Feb 19
IHS: Merger Agreement At US$8.50 Will Drive Emerging Market Upside
The analyst price target for IHS Holding has been revised from about $16.75 to $12.00. This reflects the $8.50 per share MTN Group merger agreement and recent Street research that has adjusted ratings and targets closer to the proposed deal value.Analysis Article • Feb 11
Is It Too Late To Consider Buying IHS Holding Limited (NYSE:IHS)?
While IHS Holding Limited ( NYSE:IHS ) might not have the largest market cap around , it led the NYSE gainers with a...Narrative Update • Feb 05
IHS: Emerging Market Leadership And Cash Generation Will Drive Brazil Tower Upside
Narrative Update on IHS Holding The latest analyst price targets for IHS Holding, rising to a range of about $9 to $12, reflect updated views on fair value, discount rates, revenue growth, profit margins, and future P/E. Analysts point to operational performance, cash generation, and progress on growth initiatives as key supports for these targets.Narrative Update • Jan 22
IHS: Emerging Markets Volatility Will Restrain Upside Despite Q3 Cash Strength
Analysts have nudged their price targets on IHS Holding higher, with recent moves from $8.75 to $9 and from $11 to $12. These changes reflect views that its Q3 operational performance, cash generation, and progress on growth initiatives support slightly better valuation assumptions.Narrative Update • Jan 08
IHS: Emerging Markets Execution Risks Will Limit Upside Despite Cash Resilience
The analyst price target for IHS Holding is now set at US$9 to US$12, reflecting a modest trim in our fair value estimate to US$6.00 from US$6.25 as analysts point to resilient cash generation, stronger profitability assumptions and the company's leadership position in its key emerging markets. Analyst Commentary Recent research updates on IHS Holding point to a fairly tight cluster of valuation views, with published price targets now running from US$9 to US$12.Analysis Article • Dec 31
We Think IHS Holding (NYSE:IHS) Is Taking Some Risk With Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Dec 22
IHS Price Outlook Will Be Driven By Brazil Tower Agreement
Analysts have raised their price target on IHS Holding, reflected in an updated fair value estimate moving from about $15.71 to $16.20. They cite stronger operational performance, resilient cash generation, and continued strategic progress in key emerging markets as key factors behind the revision.Narrative Update • Dec 08
IHS: Emerging Market Leadership Will Drive Cash Generation And Share Upside
The analyst price target for IHS Holding has been nudged higher, rising to a range anchored around $9 to $12 per share as analysts cite strong operational performance, resilient cash generation, and continued strategic progress in key emerging markets. Analyst Commentary Bullish analysts highlight that the recent price target increases reflect growing confidence in IHS Holding's ability to execute on its growth strategy, particularly in key emerging markets where tower demand and data usage trends remain supportive.Narrative Update • Nov 24
IHS: Leadership Strength Will Drive Operational Performance And Market Expansion
Narrative Update on IHS Holding Analysts have modestly revised their price target for IHS Holding, increasing it by $1 to $12 per share. They cite strong operational performance, resilient cash generation, and ongoing strategic progress in emerging markets.Analysis Article • Nov 20
IHS Holding's (NYSE:IHS) Solid Earnings Have Been Accounted For Conservatively
Despite posting healthy earnings, IHS Holding Limited's ( NYSE:IHS ) stock has been quite weak. Our analysis suggests...Analysis Article • Nov 15
IHS Holding Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
A week ago, IHS Holding Limited ( NYSE:IHS ) came out with a strong set of third-quarter numbers that could potentially...Narrative Update • Nov 06
IHS: Future Performance Will Improve as Operations Are Streamlined and Guidance Rises
Analysts have raised their price target for IHS Holding from $5.50 to $6.25, citing recent financial outperformance and improved operational stability. Analyst Commentary Analyst sentiment around IHS Holding has shifted in light of the company's recent results and operational improvements.Narrative Update • Oct 23
Analysts Raise Price Target for IHS Holding Amid Upbeat Results and Mixed Outlook
The analyst price target for IHS Holding has increased by $0.75 to $6.25 per share. Analysts cite stronger-than-expected quarterly results and improved operational stability as key reasons for the upward revision.Narrative Update • Oct 09
Wireless Rollout In Africa And Latin America Will Boost Demand
Analysts have raised their price target for IHS Holding from $9.21 to $9.66. They cite improved financial guidance and operational streamlining as reasons for a more optimistic outlook on the company's future performance.Seeking Alpha • Sep 30
IHS Towers: Q3 Beat Will Force Wall Street To Catch Up
Summary IHS is a developing market Telecom Tower Infrastructure play operating 39,000 towers mainly in Nigeria, South Africa and Brazil. Q3 revenue and EPS consensus are too low due to FX tailwinds, operational momentum, Oil price tailwinds and tight cost discipline, setting up a likely earnings beat. IHS balance sheet has strengthened significantly, with falling leverage, improved liquidity, and the potential for dividends or buybacks in 2026. IHS trades at a steep discount to peers; a re-rating to Helios multiples implies $14/share, supporting a reiterated Strong Buy rating and $10+ near-term target. IHS Holding Ltd. remains grossly undervalued despite a 130% YTD rally, with Q3 expected to be a catalyst for further upside. Read the full article on Seeking AlphaNarrative Update • Aug 15
Wireless Rollout In Africa And Latin America Will Boost Demand
Analysts cite raised financial guidance, operational improvements, and a stable carrier spending outlook as supporting factors for near-term stock appreciation, resulting in a modest price target increase to $6.25, though the overall consensus target remains unchanged at $8.96. Analyst Commentary Raised financial guidance after a quarter exceeding Street expectations.New Narrative • May 17
Extended Nigeria Contracts And Tax Cuts Will Improve Cash Flow
Extended contracts with key customers improve financial visibility and long-term revenue growth while supporting increased contracted revenue.Analysis Article • May 13
IHS Holding Limited (NYSE:IHS) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Despite an already strong run, IHS Holding Limited ( NYSE:IHS ) shares have been powering on, with a gain of 30% in the...Seeking Alpha • Apr 19
IHS Holding: Solid Competitive Advantage And Growth Catalysts
Summary I recommend a buy rating for IHS Holding due to its strong competitive advantages, visible growth catalysts, and improved balance sheet. IHS's scale, contractual visibility, and de-risked economics provide significant competitive advantages, reducing competition and enhancing margins. Growth catalysts include a 50% tariff increase in Nigeria and increasing mobile data consumption, driving demand for telecom infrastructure. IHS's stronger cash flow and balance sheet, with potential for share buybacks or dividends, further support the buy rating. Read the full article on Seeking AlphaAnalysis Article • Mar 22
Subdued Growth No Barrier To IHS Holding Limited (NYSE:IHS) With Shares Advancing 36%
Despite an already strong run, IHS Holding Limited ( NYSE:IHS ) shares have been powering on, with a gain of 36% in the...Seeking Alpha • Feb 12
IHS Holding: Value Is Slowly Being Recognized
Summary IHS Holding's stock has risen 28% since my last article, arguably due to a more stable currency and more US dollar availability in Nigeria. Nigeria's naira is expected to stabilize and potentially strengthen. Increased US dollar availability strengthens IHS Holding's balance sheet, reduces FX risk, and boosts investor confidence. Shares are still a buy with a price target of $5 unchanged. Read the full article on Seeking AlphaAnalysis Article • Jan 23
Investors Aren't Buying IHS Holding Limited's (NYSE:IHS) Revenues
You may think that with a price-to-sales (or "P/S") ratio of 0.7x IHS Holding Limited ( NYSE:IHS ) is a stock worth...Analysis Article • Oct 02
Lacklustre Performance Is Driving IHS Holding Limited's (NYSE:IHS) Low P/S
You may think that with a price-to-sales (or "P/S") ratio of 0.5x IHS Holding Limited ( NYSE:IHS ) is a stock worth...Analysis Article • Jun 17
Little Excitement Around IHS Holding Limited's (NYSE:IHS) Revenues
With a price-to-sales (or "P/S") ratio of 0.6x IHS Holding Limited ( NYSE:IHS ) may be sending bullish signals at the...Analysis Article • Mar 12
Benign Growth For IHS Holding Limited (NYSE:IHS) Underpins Stock's 25% Plummet
To the annoyance of some shareholders, IHS Holding Limited ( NYSE:IHS ) shares are down a considerable 25% in the last...Analysis Article • Mar 01
IHS Holding (NYSE:IHS) Takes On Some Risk With Its Use Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jan 08
Getting In Cheap On IHS Holding Limited (NYSE:IHS) Might Be Difficult
It's not a stretch to say that IHS Holding Limited's ( NYSE:IHS ) price-to-sales (or "P/S") ratio of 0.7x right now...Seeking Alpha • Aug 30
IHS Holding: Good Operating Performance, Improved Liquidity, And Reduced FX Risk
Summary IHS Holding offers telecommunications services and access to its shared network infrastructure. The company's strong financial performance in Nigeria contributes to its overall revenue and EBITDA. IHS is undervalued compared to its competitors, and the improved liquidity and reduced FX risk should close this gap. Read the full article on Seeking AlphaStability and Growth of Payments
Fetching dividends data
Stable Dividend: Insufficient data to determine if IHS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IHS's dividend payments have been increasing.
Dividend Yield vs Market
| IHS Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IHS) | n/a |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Telecom) | 5.1% |
| Analyst forecast (IHS) (up to 3 years) | 4.3% |
Notable Dividend: Unable to evaluate IHS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IHS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate IHS's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as IHS has not reported any payouts.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 06:26 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2025/12/31 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
IHS Holding Limited is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Maurice Patrick | Barclays |
| Michael Rollins | Citigroup Inc |
| James Schneider | Goldman Sachs |