The decision by the Central Securities Clearing System (CSCS) Plc to declare its first-ever interim dividend – an impressive N1 per share for the first half (H1) of the year – is a historic moment in the company’s financial evolution.
In a macro environment often defined by volatility, currency pressures, and changing monetary dynamics, approving an interim dividend signals deep conviction in the company’s forward earning power.
The first-ever interim dividend of N1 per share represents 56 percent of the total dividend of N1.78 per share paid by CSCS for the 2025 financial year, demonstrating the Company’s strong earnings momentum and confidence in its outlook.
CSCS serves as the central clearing house and central securities depository for the main Nigerian Exchange (NGX), but its own shares are not listed but traded over-the-counter (OTC) on the NASD platform. The stock traded at N95.14 per share as at Friday, July 17. As at December 31, 2025, the company has issued and fully paid-up share capital of 5 billion ordinary shares.
Nigerian Exchange Group Plc (NGX Group) remains the largest shareholder in CSCS Plc owning 43.52 percent equity stake. FMDQ Holdings Plc owns 21.61 percent after it acquired a major block (1.08 billion shares) from Artemis Limited and Leadway Insurance to become the second-largest shareholder. Access Holdings Plc (7.50 percent), United Bank for Africa Plc (5.37 percent), while Other shareholders hold 22 percent stake in the company.
