Staff Writer
Letshego Holdings Namibia Limited has declared an interim dividend of 50.70 cents per ordinary share for the six-month period ended 30 June 2026.
The dividend follows the publication of the company’s reviewed unaudited interim results for the period on 18 August 2026.
According to a notice issued by Letshego Holdings Namibia, shareholders will need to hold the shares before the ex-dividend date to qualify for the distribution.
The last day to trade cum dividend is Friday, 11 September 2026, while the shares will trade ex-dividend from Monday, 14 September 2026.
The last date to register for the dividend is Friday, 18 September 2026, with payment scheduled for Monday, 28 September 2026.
Letshego Holdings Namibia is listed on the Namibia Stock Exchange under share code LHN.
Letshego reported a 2% increase in profit after tax to N$253.5 million for the six months ended 30 June 2026, compared with N$248.5 million recorded during the same period last year.
The financial results show that operating profit increased by 3.3% to N$294.2 million from N$284.7 million in the first half of 2025.
Headline earnings also rose 2% to N$253.5 million, while headline earnings per share increased from 50 cents to 51 cents.
The company had 500 million ordinary shares in issue during the period, unchanged from the previous year.
Letshego’s net asset value per share declined slightly to N$5.57 cents from N$5.62 cents a year earlier and N$5.64 cents at the end of December 2025.
Letshego Bank (Namibia)’s capital adequacy ratio stood at 28.5% at the end of June, down from 30.3% a year earlier, but above the 27.7% reported at the end of December 2025.
The group said it would focus on deposit-driven growth during the second half of the year as it continues implementing its CONNECT 2030 strategy.
It plans to deepen customer engagement through data-driven credit assessments and improve customer service as digital adoption expands.
Information and cyber security will also remain a key focus, with the group saying continued investment in these areas is aimed at maintaining customer confidence as technology use increases.
Letshego said its capital position and strengthened governance frameworks would support its ability to respond to changes in the regulatory and competitive environment.
The group also highlighted a shift towards more consistent customer engagement rather than relying primarily on one-off lending transactions.
