VFD Group Plc Interim Dividend and H1 2026 Results
VFD Group Plc has filed a corporate action notice disclosing the outcome of an emergency board meeting held on July 30, 2026. The filing covers board approval of unaudited H1 2026 financial statements and the declaration of an interim dividend.
VFD Group Plc notified the Nigerian Exchange Limited (NGX) that its Board of Directors held an emergency meeting on July 30, 2026, at which it reviewed and approved the company's Unaudited Consolidated and Separate Financial Statements for the six months ended June 30, 2026.
On a consolidated basis, the Group recorded a Profit After Tax (PAT) of ₦10.06 billion for H1 2026, representing a 100.8% increase compared to the same period in 2025. At the company level, PAT stood at ₦5.03 billion, a 328% year-on-year increase.
Following its review of the financial results, the Board approved an interim dividend of 24 kobo (₦0.24) per ordinary share. The total estimated dividend payout from this declaration is approximately ₦3.04 billion. The filing did not specify a payment date or qualification date for the dividend.
The notice was signed by Company Secretary Gbeminiyi Shoda and was filed with NGX on July 31, 2026. The Group is headed by Group Managing Director Nonso Okpala, with Olatunde Busari (SAN) serving as Chairman.
