Africazine:
Letshego Holdings Namibia Limited has announced a significant interim dividend for its shareholders.
The company declared an interim dividend of 50.70 cents per ordinary share for the six-month period ending 30 June 2026. This announcement follows the release of its reviewed unaudited interim results on 18 August 2026, which showed a profit after tax increase to N3.5 million.
Letshego Holdings Declares Interim Dividend
Letshego Holdings Namibia Limited has set an interim dividend of 50.70 cents per ordinary share. Shareholders must hold the shares before the ex-dividend date to qualify for this distribution. The last day to trade cum dividend is Friday, 11 September 2026, with shares trading ex-dividend from Monday, 14 September 2026.
Shareholders must also register for the dividend by Friday, 18 September 2026, with payment scheduled for Monday, 28 September 2026. This dividend declaration reflects the company’s ongoing commitment to return value to its shareholders.
Namibia: Key figures on profit and dividends
- 50.70 cents per ordinary share interim dividend
- N3.5 million profit after tax for six months
- N4.2 million operating profit
- 2% increase in headline earnings
- 500 million ordinary shares in issue
- N.57 net asset value per share
- 28.5% capital adequacy ratio
Focus on Growth and Customer Engagement
Letshego Holdings reported a 2% increase in profit after tax compared to the previous year, reflecting a solid financial performance. The company aims to focus on deposit-driven growth in the second half of the year, enhancing customer engagement through data-driven credit assessments.
Additionally, Letshego is committed to improving customer service as digital adoption continues to rise. The group emphasizes the importance of information and cyber security, planning to invest further in these areas to maintain customer confidence.
Next Steps for Letshego Holdings
- Focus on deposit-driven growth in the second half of the year
- Implement CONNECT 2030 strategy
- Enhance customer engagement through data-driven assessments
- Invest in information and cyber security
Letshego Holdings is dedicated to delivering value to its shareholders while focusing on sustainable growth and customer engagement.
