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NAHCO Achieves 733% Dividend Yield Over Five Years

Business

The Nigerian Aviation Handling Company Plc (NAHCO) has reported a remarkable 733% dividend yield for its shareholders over the past five years, reflecting strong operational performance and consistent profit growth. An investment of ₦1 million in NAHCO shares at ₦2.30 per share in 2021 would have resulted in approximately 432,000 shares.

Shareholders have earned a cumulative cash dividend of ₦8.33 million during this period, excluding capital appreciation. For the 2025 financial year, NAHCO's board of directors has recommended a dividend of ₦6.25 per share, alongside a bonus issue of new shares for every seven shares held, with a qualification date of May 4, 2026, and payment scheduled for May 15.

Shareholders are expected to receive an additional ₦3.24 million cash dividend. The company's share price closed at ₦203.95, indicating a significant increase in value, nearly 11,983% over five years, supported by strong financial results, including a 21.8% increase in total revenue and a 30% rise in profit before tax for 2025.

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