Infinity Trust Mortgage Bank Declares 35 Kobo Dividend, Unveils 1-for-1 Bonus Share Issue for Shareholders

Infinity Trust Mortgage Bank Plc has taken a bold step to reward its shareholders and signal robust confidence in its financial strength by proposing a 35 kobo dividend per ordinary share for the 2025 financial year and approving a one-for-one bonus share issue.

This decision, announced in a corporate filing with the Nigerian Exchange Limited following the bank’s Board meeting on February 10, 2026, reflects a strategic push to enhance shareholder value while positioning the lender for sustained growth in Nigeria’s competitive housing finance market.

According to the official notice, the board approved the audited financial statements for the year ended December 31, 2025, and forwarded them to the Central Bank of Nigeria (CBN) for regulatory clearance. In the statement to the market, the bank confirmed, “That a proposed Dividend of 35 Kobo per Ordinary Share with respect to the 2025 Financial Year is hereby approved, subject to ratification at the Annual General Meeting (AGM).

That a Bonus share Issue of one to one (1:1) was approved by the Board, subject to AGM ratification and regulatory approval.

The proposed one-for-one bonus issue  essentially giving shareholders an extra share for every share they own  is designed to deepen the bank’s capital base and improve liquidity in its shares on the Nigerian Exchange, once ratified.

Market analysts tracking the development note that this dual action of dividend payout combined with a bonus issue is an uncommon but meaningful way for financial institutions to reward investors while conserving cash for strategic expansion.

Expected to be formally ratified at the bank’s Annual General Meeting scheduled for May 21, 2026, these corporate actions reaffirm Infinity Trust’s commitment to strong corporate governance and shareholder returns. The bonus issue and dividend payouts remain subject to approval by both shareholders and relevant regulators, including the Central Bank of Nigeria.

The backdrop to this shareholder-centric move is a period of strong financial performance for the mortgage bank. In its recently released unaudited 2025 results, Infinity Trust reported a 75 % rise in pre-tax profit to N3.02 billion, with gross earnings up more than 50 % year-on-year, driven by growth in its core mortgage loan portfolio and improved interest income margins.

This performance strengthens investor confidence in the sustainability of dividend payouts and capital return initiatives.

For shareholders and market watchers alike, the dividend announcement comes at a time when regulatory dynamics in Nigeria’s banking sector have been under scrutiny. While regulators such as the CBN previously imposed restrictions on dividends and bonuses for banks under regulatory forbearance, Infinity Trust’s profitable status and healthy capital position place it in a strong position to meet regulatory expectations and reward investors accordingly.

Overall, the 35 kobo dividend and one-for-one bonus issue underscore the bank’s confidence in its growth trajectory while delivering tangible value back to shareholders, setting a positive tone for its 2026 financial year and beyond.