TL;DR: Yes, the current dividend yield for MTNN is 2.63% at a live market price of ₦760.00. The annual payout is ₦20.00 per share.
TL;DR: MTNN has executed one of the strongest earnings recoveries in NGX history, overcoming 2024 FX losses to post a ₦1.11 trillion Profit After Tax in 2025. Driven by a 55% surge in data and fintech revenue, the telecom giant has firmly reinstated its dominant dividend policy, currently yielding 2.63%.
Current Price
₦760.00
Dividend Yield
2.63%
Annual Payout
₦20.00
Next Expected
May 5, 2026
Growth Trend
Recovering
Payment Consistency
5 Years
Avg Growth Rate
Variable
Investor Profile
Growth & Income investors
Historical cash distribution trend for MTNN
| Year | Type | Amount | Qualification | Payment |
|---|---|---|---|---|
| 2025 | Final | ₦15.00 | April 9, 2026 | May 5, 2026 |
| 2025 | Interim | ₦5.00 | November 21, 2025 | November 28, 2025 |
| 2023 | Interim | ₦5.60 | August 17, 2023 | August 24, 2023 |
| 2022 | Final | ₦10.00 | March 28, 2023 | April 20, 2023 |
| 2022 | Interim | ₦5.60 | August 19, 2022 | August 26, 2022 |
| 2021 | Final | ₦8.57 | April 7, 2022 | April 28, 2022 |
| 2021 | Interim | ₦4.55 | August 20, 2021 | August 27, 2021 |
| 2020 | Final | ₦5.90 | May 5, 2021 | June 8, 2021 |
| 2020 | Interim | ₦3.50 | August 17, 2020 | August 24, 2020 |
MTN Nigeria Communications Plc (MTNN) is the largest telecommunications provider in Nigeria, boasting over 87 million active mobile subscribers. It is currently the most capitalized company on the Nigerian Exchange.
Dividend Analysis: While MTNN typically maintains a reliable bi-annual dividend schedule, payouts can be sensitive to macroeconomic FX shocks (as seen in 2024). However, its underlying cash generation from data and fintech remains extraordinarily strong, supporting rapid dividend recoveries.
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