Airtel Africa fixes N1,347.44/$ rate for interim dividend, implying N41.77 per share for NGX holders
Airtel Africa Plc has fixed an exchange rate of N1,347.44 per Dollar for its 3.1 US Cents-per-share interim dividend, translating to approximately N41.77 per share for Nigerian Exchange (NGX) shareholders who receive payment in Naira. The post Airtel Africa fixes N1,347.44/$ rate for interim dividend, implying N41.77 per share for NGX holders appeared first on Nairametrics .
Airtel Africa Plc has announced that it will pay an interim dividend of 3.1 US Cents per share, marking a 9.2% increase from the previous quarter. The company will convert this dividend to Nigerian Naira at a rate of N1,347.44 per Dollar, equivalent to approximately N41.77 per share for shareholders on the NGX. This exchange rate, determined using the Dollar rate on October 30, 2026, is crucial for Nigerian shareholders receiving payment in Naira.
The dividend is set to be paid on December 11, 2026, to shareholders registered by November 13, 2026. Airtel Africa also offers shareholders the option to receive their dividend in Pounds Sterling or US Dollars on the London Stock Exchange. Shareholders on both exchanges have until November 23 to choose their preferred currency.
The company's half-year profit stands at $452 million, a 20.5% increase, and basic earnings per share have risen to 10.2 US cents from 8.3 US Cents.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
