Up 76.1% over the past year. Paid ₦0.50 per share in the last 12 months, a 2.0% yield at the latest price.
Closing price in naira. Vertical marks are dividend qualification dates, labelled with the amount per share.
- 52-week range
- ₦10.00₦39.45
- Dividends, last 12 months
- ₦0.50/share
- Dividend yield
- 2.0%
- Market cap
- ₦50.0 billion
TIP at a glance
The Initiates Plc (TIP) last closed at ₦25.00 on 2 Nov 2026, up 1.83% on the day. Over the past year the share price is up 76.1%, trading between ₦10.00 and ₦39.45. In the last 12 months it paid ₦0.50 per share in dividends, a yield of about 2.0% at the latest price (before the 10% withholding tax). In FY 2025, The Initiates Plc made a profit after tax of ₦3.4 billion on revenue of ₦11.7 billion. That is a 58.9% return on shareholders' equity. At the latest price the shares trade at 14.8 times those earnings.
TIP financials
From the accounts The Initiates Plc filed with the NGX. At ₦25.00: P/E 14.8x, price to book 8.69x on FY 2025 earnings.
| H1 2026 | FY 2025 | |
|---|---|---|
| Revenue | ₦7.0bn | ₦11.7bn |
| Profit after tax | ₦1.8bn | ₦3.4bn |
| Net profit margin | 25.2% | 29.0% |
| Return on equity | 20.3% | 58.9% |
| Earnings per share | ₦0.88 | ₦3.81 |
The Initiates Plc dividends
₦0.50 per share in the last 12 months, a 2.0% yield at ₦25.00. Before the 10% withholding tax.
| Qualification date | Type | Per share |
|---|---|---|
| 10 Aug 2026 | Interim | ₦0.20 |
| 7 Apr 2026 | Final | ₦0.30 |
| 7 Apr 2025 | Final | ₦0.10 |
| 8 Jul 2024 | Final | ₦0.06 |
About The Initiates Plc
An environmental-services company providing industrial waste management, e-waste handling, industrial cleaning and decontamination, mainly to the oil and gas sector. Listed on the NGX Growth Board.
- Founded
- 1995
- Headquarters
- Port Harcourt
- Sector
- Services
Questions about TIP
What is the TIP share price today?
The Initiates Plc (TIP) last closed at ₦25.00 on the Nigerian Exchange on 2 Nov 2026. Prices update after each trading day.
Does The Initiates Plc pay dividends?
Yes. The Initiates Plc has paid dividends; the most recent was ₦0.20 per share (Interim) with a qualification date of 10 Aug 2026. Over the last 12 months it paid ₦0.50 per share.
When is the next TIP dividend?
No upcoming dividend has been declared yet. Onbourd Alerts can notify you when one is announced.
Is The Initiates Plc profitable?
In FY 2025, The Initiates Plc made a profit after tax of ₦3.4 billion on revenue of ₦11.7 billion. That is a 58.9% return on shareholders' equity. At the latest price the shares trade at 14.8 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.