NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Capital Market

Infinity Trust Mortgage Bank declares 35 kobo dividend, proposes 1-for-1 bonus shares

Apr 4, 2026 By Yakubu Ibrahim
Infinity Trust Mortgage Bank declares 35 kobo dividend, proposes 1-for-1 bonus shares

INFINITY Trust Mortgage Bank Plc has announced a final dividend of 35 kobo per ordinary share for the financial year ended December 31, 2025, alongside a proposed bonus issue of one new share for every one share held.

The announcement was dated April 2, 2026, and signed by the company secretary, Tolulope Osho.

The lender disclosed this in a corporate action notice, stating that both the dividend payment and bonus share allotment remain subject to shareholder and regulatory approvals.

According to the company, shareholders whose names appear in the register of members at the close of business on April 17, 2026, will qualify for the dividend and bonus issue. The register of shareholders is scheduled to be closed between April 20 and April 24, 2026.

Dividend payments are expected to be made electronically on May 26, 2026, to shareholders who have completed the e-dividend registration and mandated the registrar to credit their bank accounts directly.

READ ALSO: Inside Federal Mortgage Bank’s years of financial haemorrhaging

The bank noted that the allotment date for the bonus shares will be communicated after the completion of necessary approvals at its Annual General Meeting (AGM).

Infinity Trust Mortgage Bank also fixed its AGM for May 21, 2026, at its head office located at Infinity House in Abuja.

The company urged shareholders who are yet to complete their e-dividend registration to do so through its registrar, Africa Prudential Plc, to ensure prompt receipt of dividends.

It further advised investors with unclaimed dividend warrants or share certificates to contact the registrar or complete the necessary registration process to regularise their holdings.

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About the Author

Yakubu Ibrahim

Yakubu Ibrahim

Analyst

Abuja, Nigeria

Yakubu Ibrahim is an analyst who writes stories bordering on corruption, politics, and business. He has won four journalism awards and worked in two media organisations.

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