Shareholders of Transcorp Hotels Plc have approved a total dividend payout of ₦13.32 billion for the 2025 financial year, following strong growth in revenue and profit.

The approval was granted at the company’s 12th Annual General Meeting held in Abuja, where investors also adopted the audited financial statements for the year ended 31 December 2025.

The declared dividend translates to ₦1.30 per share. This includes an interim dividend of ₦1.02 billion, equivalent to 10 kobo per share, which was paid in August 2025, and a final dividend of ₦12.29 billion, representing ₦1.20 per share.

The hospitality firm reported revenue of ₦97.04 billion for the year, marking a 38 per cent increase from ₦70 billion recorded in 2024. Profit before tax rose to ₦32.8 billion from ₦22.6 billion in the previous year, while profit after tax climbed 47 per cent to ₦21.85 billion.

Management attributed the performance to growth across its operations, including increased demand for rooms, conferences and events.

Chairman of the Board, Dr Awele Vivien Elumelu, said the company delivered improvements across key financial indicators in 2025 and maintained its focus on long-term value for shareholders.

She noted that the dividend payout represents a 76 per cent increase compared with the prior year.

Managing Director and Chief Executive Officer, Uzoamaka Oshogwe, said the company would continue to pursue revenue growth while strengthening operational foundations.

According to her, attention will remain on sustainability initiatives, including energy efficiency, governance standards and community engagement, alongside efforts to diversify income streams.

Transcorp Hotels is the hospitality subsidiary of Transnational Corporation Plc and operates major hotel assets in Nigeria’s capital.