{"id":493861,"date":"2026-08-03T17:13:28","date_gmt":"2026-08-03T17:13:28","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/08\/03\/nigeria-first-holdco-establishes-a-minimum-dividend-of-60-of-annual-profit\/"},"modified":"2026-08-03T17:13:37","modified_gmt":"2026-08-03T17:13:37","slug":"nigeria-first-holdco-establishes-a-minimum-dividend-of-60-of-annual-profit","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/08\/03\/nigeria-first-holdco-establishes-a-minimum-dividend-of-60-of-annual-profit\/","title":{"rendered":"Nigeria: First HoldCo establishes a minimum dividend of 60% of annual profit"},"content":{"rendered":"<p>First HoldCo Plc has adopted a distribution policy that provides for the payment of at least 60% of its annual net profit to shareholders, subject to audited results and regulatory approvals. Approved on July 28 by the board of directors, this measure could increase the dividend to nearly 15 nairas per share for the 2026... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F08%2F03%2Fnigeria-first-holdco-establishes-a-minimum-dividend-of-60-of-annual-profit%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>First HoldCo Plc has adopted a distribution policy that provides for the payment of at least 60% of its annual net profit to shareholders, subject to audited results and regulatory approvals. Approved on July 28 by the board of directors, this measure could increase the dividend to nearly 15 nairas per share for the 2026&#8230;... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F08%2F03%2Fnigeria-first-holdco-establishes-a-minimum-dividend-of-60-of-annual-profit%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":527297,"featured_media":493868,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/08\/03\/nigeria-first-holdco-instaure-un-dividende-minimum-de-60-du-benefice-annuel\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,12000,11996,12038],"tags":[],"class_list":["post-493861","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bank","category-banks-insurance","category-finance-en","category-premium-en","pmpro-level-required","pmpro-level-1","pmpro-level-3","pmpro-level-4","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria: First HoldCo establishes a minimum dividend of 60% of annual profit - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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