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Afriland Properties’ Shareholders Receive N178.6m Interim Dividend Payout In H1

Olushola Bello by Olushola Bello
1 year ago
in Business
Afriland properties
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Afriland Properties Plc has paid an interim dividend of 13 kobo per share, amounting to N178.6 million, to its shareholders for the half-year ended June 30, 2025.

Speaking on the development, the chairman of the Board, Emmanuel Nnorom, said, “The interim dividend underscores our Board’s confidence in Afriland’s strategy and financial resilience.”

The managing director/CEO of Afriland Properties, Azubike Emodi, stated, “This payout demonstrates the effectiveness of our business model and our commitment to consistently turning performance into real value for our shareholders.

“Beyond financial results, it reflects the impact of developments like Afriland Estate, Karmo in Abuja, where we are redefining modern living through innovative design and sustainable infrastructure. Projects like this show how we translate vision into developments that yield returns for investors and enrich everyday life for the families and communities we serve.”

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He added that “Afriland Estate, Karmo, “ is one of Abuja’s most exciting residential addresses today. Strategically located near Jabi and the Central Business District, the estate offers residents the perfect balance of accessibility, comfort, and community living. With its modern homes, green landscapes, secure environment, and inclusive design.”

Afriland Properties is a property management, investment, and development company, offering end-to-end services across the real estate value chain. With one of the largest land banks in Nigeria and a growing portfolio that spans residential, commercial, and mixed-use developments, the company leverages innovation, sustainability, and strategic execution to deliver long-term value to shareholders and communities.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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