Afriland Properties Plc has paid about N178.6m as an interim dividend to its shareholders for the half-year period ended June 30, 2025.

According to a statement on Wednesday, the firm said that the move reflects its strong financial performance and commitment to delivering long-term value.

Afriland Properties Plc is a property management, investment, and development company, offering end-to-end services across the real estate value chain.

The payout, which translates to 13 kobo per share, was approved by the board and disbursed to shareholders this week.

Chairman of the Board, Mr. Emmanuel Nnorom, described the dividend as a sign of confidence in Afriland’s growth trajectory despite economic headwinds.

“The interim dividend underscores our board’s confidence in Afriland’s strategy and financial resilience,” he said.

Managing Director/Chief Executive Officer, Mr. Azubike Emodi said the company remains committed to translating performance into tangible returns for investors while advancing sustainable real estate developments.

He said, “This payout demonstrates the effectiveness of our business model and our commitment to consistently turning performance into real value for our shareholders.

“Beyond financial results, it reflects the impact of developments like Afriland Estate, Karmo, in Abuja, where we are redefining modern living through innovative design and sustainable infrastructure. Projects like this show how we translate vision into developments that not only yield returns for investors but also enrich everyday life for the families and communities we serve.”

One of its flagship projects, Afriland Estate in Karmo, Abuja, is being positioned as a modern residential community with proximity to Jabi and the Central Business District. The development features contemporary homes, landscaped green areas, security infrastructure, and inclusive community spaces.