Airtel Africa has declared an interim dividend of USD 0.03 per share, equivalent to ₦43.68, following a stellar second-quarter performance in 2025.
The dividend, which reflects a yield of 1.9% at the last trading price of ₦2,310.50 per share, is payable on 12 December 2025 to shareholders registered by 7 November. Investors can opt to receive the payout in US Dollars, British Pounds Sterling, or Nigerian Naira.
The announcement comes on the back of a robust half-year financial result filed with the Nigerian Exchange (NGX), showing a 268.6% year-on-year (YoY) increase in profit before tax to USD 383.17 million and a 352.8% rise in profit after tax to USD 219.32 million. Revenue climbed 29.1% YoY, driven by strong growth in mobile money and data services.
Earnings per share (EPS) for Q2 2026 rose 6.53 times YoY to USD 0.05, bringing the half-year EPS to USD 0.08—a 9.08x increase. The company’s EBITDA margin expanded to 49.0%, up 256 basis points, reflecting efficient cost management and strong revenue growth.
Key performance drivers included:
- Voice revenue: +17.2% YoY
- Data revenue: +40.7% YoY
- Mobile money: +36.5% YoY
- Other services: +12.8% YoY
The data segment, which now contributes 39.1% of total revenue, benefited from an 18.4% increase in subscriber base and higher data usage per user. Airtel Africa’s total subscriber count rose 11% YoY to 173.82 million.
Regionally, Nigeria led the charge with a 56.3% YoY revenue surge, driven by growth in voice (+38.7%), data (+71.7%), and other services (+55.3%). East Africa and Francophone Africa also posted strong gains, with data services in Francophone Africa growing 39.5% YoY.
Mobile money continues to be a standout performer, with a 36.5% YoY revenue increase, a 20% rise in customer base to 49.8 million, and a 42.9% jump in transaction volume to USD 48.3 billion.
Analysts at Lagos-based Cordros Capital expect Airtel Africa’s momentum to continue, citing its expanding customer base, rising data usage, and reduced finance costs as key strengths.
With a net debt of USD 5.5 billion and leverage improving to 2.1x, the company remains well-positioned to maintain its leadership in Africa’s telecom and digital finance sectors.
