Down 26.3% over the past year. Paid ₦0.04 per share in the last 12 months, a 1.3% yield at the latest price.
Closing price in naira. Vertical marks are dividend qualification dates, labelled with the amount per share.
- 52-week range
- ₦2.80₦5.75
- Dividends, last 12 months
- ₦0.04/share
- Dividend yield
- 1.3%
- Market cap
- ₦59.6 billion
MBENEFIT at a glance
Mutual Benefit Assurance Plc (MBENEFIT) last closed at ₦2.97 on 2 Nov 2026, down 3.88% on the day. Over the past year the share price is down 26.3%, trading between ₦2.80 and ₦5.75. In the last 12 months it paid ₦0.04 per share in dividends, a yield of about 1.3% at the latest price (before the 10% withholding tax). In FY 2025, Mutual Benefit Assurance Plc made a profit after tax of ₦16.4 billion on insurance revenue of ₦80.0 billion. That is a 25.3% return on shareholders' equity. At the latest price the shares trade at 3.6 times those earnings.
MBENEFIT financials
From the accounts Mutual Benefit Assurance Plc filed with the NGX. At ₦2.97: P/E 3.6x, price to book 0.92x on FY 2025 earnings.
| H1 2026 | FY 2025 | |
|---|---|---|
| Insurance revenue | ₦42.3bn | ₦80.0bn |
| Profit after tax | ₦9.8bn | ₦16.4bn |
| Net profit margin | 23.1% | 20.5% |
| Return on equity | 22.9% | 25.3% |
| Earnings per share | ₦0.41 | ₦0.81 |
Mutual Benefit Assurance Plc dividends
₦0.04 per share in the last 12 months, a 1.3% yield at ₦2.97. Before the 10% withholding tax.
| Qualification date | Type | Per share |
|---|---|---|
| 22 Jul 2026 | Final | ₦0.04 |
| 24 Jul 2025 | 12M | ₦0.02 |
Questions about MBENEFIT
What is the MBENEFIT share price today?
Mutual Benefit Assurance Plc (MBENEFIT) last closed at ₦2.97 on the Nigerian Exchange on 2 Nov 2026. Prices update after each trading day.
Does Mutual Benefit Assurance Plc pay dividends?
Yes. Mutual Benefit Assurance Plc has paid dividends; the most recent was ₦0.04 per share (Final) with a qualification date of 22 Jul 2026. Over the last 12 months it paid ₦0.04 per share.
When is the next MBENEFIT dividend?
No upcoming dividend has been declared yet. Onbourd Alerts can notify you when one is announced.
Is Mutual Benefit Assurance Plc profitable?
In FY 2025, Mutual Benefit Assurance Plc made a profit after tax of ₦16.4 billion on insurance revenue of ₦80.0 billion. That is a 25.3% return on shareholders' equity. At the latest price the shares trade at 3.6 times those earnings.
Prices are official NGX daily closes; dividends are declarations confirmed by Onbourd Alerts. Educational market information, not investment advice. Past performance does not guarantee future results.