Letshego Namibia's share price declines despite significant dividend payouts

The stock closed unchanged at N$5.55, but has fallen by 14.75% over the last year, making it one of the less performing financial services shares on the Namibia Securities Exchange NSX. Letshego currently has over 6,500 shareholders and a market capitalization of N$3.2 billion. For the 2025 financial year, Letshego Holdings Namibia paid out a total of N$454.5 million in ordinary dividends.

This included an interim ordinary dividend of 47.02 cents per share N$235.1 million paid in November 2025, and a final ordinary dividend of 43.88 cents per share N$219.4 million for the 2024 financial year, paid in June 2025. Additionally, a final ordinary dividend of 54.14 cents per share N$271 million for the 2025 financial year was payable to shareholders on April 24. The group also paid a preference share coupon dividend of N$13.4 million during the 2025 financial year.