Legend Web Plc has introduced a closing dividend of 6 kobo for each share of fifty kobo, payable to shareholders registered on the shut of enterprise on October 29, 2025.
The disclosure, filed with the Nigerian Change (NGX) and signed by Erinma Onuoma, the Firm Secretary, famous that the dividend is topic to withholding tax and regulatory approval.
It additional revealed that cost is scheduled for November 7, 2025, and will probably be credited electronically straight into the {bank} accounts of eligible shareholders.
Shareholders who haven’t accomplished their e-dividend registration have been advised to contact Datamax Registrars.
This comes after the corporate reported a revenue after tax of N172.6 million, a 44.53% improve from the N119.4 million recorded in 2024, pushed by robust income progress.
The corporate’s income held regular at N1.19 billion, up barely from N1.13 billion within the earlier 12 months, with its fiber enterprise doing many of the heavy lifting by contributing N1.12 billion.
Efficient value administration helped enhance top-line income, as gross sales bills fell 6.8% to N429.6 million from N461 million, permitting gross revenue to rise to N761.4 million, up from N677.4 million within the prior 12 months.
Nevertheless, these positive aspects have been offset by rising administrative bills, which surged 52.39% to N560.1 million from N367.6 million, pushed by increased employees prices and depreciation.
After finance prices of N28.5 million, revenue earlier than tax stood at N172.6 million, beneath the N285 million recorded in 2024.
With no tax costs for the 12 months, internet revenue grew 44.53% to N172.6 million, in comparison with N119.4 million within the prior 12 months.
On the steadiness sheet, complete property rose 10.33% to N3.3 billion, whereas retained earnings elevated to N734.5 million from N561.9 million in 2024.
With stronger outcomes and a dividend cost, the corporate’s inventory sentiment is anticipated to enhance, as its present value of N5.85 remains to be beneath the itemizing value of N6.20.
