MTN Ghana reported a GHC 5.03 billion profit after tax for 2024, a 26.3% increase from GHC 3.98 billion in 2023.
The company has also raised its total dividend payout by 35.6% to GHC 0.305 per share.
Why it matters
- The strong performance reflects MTN Ghana’s resilience despite economic challenges.
- Shareholders will benefit from a higher dividend, with 80.26% of profit after tax allocated for payouts.
By the numbers
- GHC 0.24 per share: Final dividend recommended for 2024 (up from GHC 0.175 in 2023).
- April 2, 2025: Ex-dividend date.
- April 16, 2025: Scheduled dividend payment date.
What they’re saying
“Our strategic initiatives and commitment to operational efficiency have delivered strong results, ensuring we continue to create value for our shareholders.” — Stephen Blewett, CEO, MTN Ghana
What’s next
Shareholders registered by April 4, 2025, will qualify for the final dividend, pending shareholder approval. MTN Ghana’s financial strength positions it well for further growth and investment in 2025.
