Infinity Trust Mortgage Bank Proposes 35 Kobo Dividend

Infinity Trust Mortgage Bank PLC proposed a dividend of 35 kobo per ordinary share for the 2025 financial year and approved a 1-for-1 bonus share issue, as disclosed in a resolution following a board meeting held on February 10, 2026. The board also approved the audited financial statements for the year ending December 31, 2025, signaling confidence in the bank's capital position and growth outlook.

The proposed dividend and bonus issue are subject to shareholder ratification at the upcoming Annual General Meeting (AGM) and regulatory approval. This move is expected to enhance shareholder value, improve liquidity, and strengthen the bank's capital base to position itself for further growth in Nigeria's housing finance market.

Additionally, the board appointed Dr. Obasegun Adetokunbo Oni as a non-executive director, pending regulatory approval from the Central Bank of Nigeria, to strengthen oversight and compliance.

The bank reported a pre-tax profit of N3.02 billion, a significant increase of 75.1% compared to N1.72 billion the previous year.