The Board of Directors of the Central Securities Clearing System (CSCS) Plc has approved an interim dividend of N1 per ordinary share for the six months ended June 30. According to the statement, the payout, the company’s first interim dividend, reflects its strong financial performance in the first half of the year. The company noted that the interim dividend represented 56 per cent of the total dividend of N1.78 per share paid for the 2025 financial year. It said operating income rose by 92 per cent to N18.51 billion and was driven by higher transaction fee income, growth in depository services. Commenting on the development, the Chairman of CSCS Plc, Mr Temi Popoola, said the interim dividend reflected the board’s confidence in the company’s financial strength, quality of earnings and long-term strategic direction.