Unitholders of the Coronation Infrastructure Fund (CIF) are to face a tighter payout cycle as the fund manager proposes an 11.30 percent drop in its semi-annual distribution for the first half (H1) of 2026.
According to corporate actions filed with the Nigerian Exchange Limited (NGX) by the fund managers, the proposed distribution has been set at N8.98 per unit, down from the N10.13 per unit distributed during the same period in 2025.
The double-digit decline in semi-annual distribution for the first half (H1) of 2026
may initially alarm yield-hungry investors.
The closure of the register for qualifying unitholders is set for July 23, with electronic disbursements scheduled to commence on July 28.
This record single-year contraction trims the fund’s total half-year distribution pool by over N100 million, signaling a major transition in the fund’s asset management strategy.
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In H1’2025, the fund had a total distribution pool of
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