Coronation Fund has reported a first-half 2026 profit of N791.5 million, alongside a proposal to distribute N8.985 per unit to investors.
The results highlight the fund's continued ability to generate returns from its infrastructure portfolio despite broader market volatility.
The proposed payout follows the fund's earlier announcement of a total dividend distribution of N789.78 million for the first half of the year.
This latest figure aligns with the fund's strategy of maintaining consistent income streams for unit holders, leveraging stable cash flows from its underlying assets.
The earnings report comes as other Nigerian investment funds navigate mixed performance.
The Nigerian Investment and Development Fund (NIDF) recently announced a distribution of N4.40 per unit for the same period, even as its pre-tax profit fell by 9.81% year-on-year.