United Capital Infrastructure Fund Pays N1.98 Billion Dividends, Achieves 150% Revenue Growth
United Capital Infrastructure Fund (UCIF), the infrastructure investment arm of United Capital Plc, has rewarded its unitholders with a total dividend payout of N1.98 billion for the 2024 business year.
In line with its bi-annual distribution structure, the fund disbursed N769 million in the first half of 2024, followed by N1.21 billion in the second half, reflecting its commitment to strong returns and sustainable infrastructure financing.
Strong Performance and Growth
UCIF achieved an impressive gross return of 23.08%, with its revenue surging by 150%—growing from N791 million in 2023 to N1.9 billion in 2024.
Driving High-Impact Investments
The fund continues to finance critical sectors such as:
Renewable Energy 
Telecommunications
Agriculture
Power
Recycling
Commitment to Investors & Economic Growth
Chief Investment Officer and Fund Manager, Uchenna Mkparu, emphasized that UCIF remains committed to delivering strong returns while driving sustainable development in Nigeria and Africa.
“Our performance reflects good governance, adherence to investment policies, and a focus on high-impact, value-adding projects. Looking ahead, we will continue to prioritize investments that generate superior returns and contribute to economic growth,” Mkparu stated.
With this strong financial performance and commitment to infrastructure development, UCIF continues to position itself as a leading investment vehicle for sustainable growth and long-term value creation.
United Capital Infrastructure Fund (UCIF), the infrastructure investment arm of United Capital Plc, has rewarded its unitholders with a total dividend payout of N1.98 billion for the 2024 business year.
In line with its bi-annual distribution structure, the fund disbursed N769 million in the first half of 2024, followed by N1.21 billion in the second half, reflecting its commitment to strong returns and sustainable infrastructure financing.
Strong Performance and Growth
UCIF achieved an impressive gross return of 23.08%, with its revenue surging by 150%—growing from N791 million in 2023 to N1.9 billion in 2024.
Driving High-Impact Investments
The fund continues to finance critical sectors such as:
Renewable Energy Telecommunications Agriculture Power Recycling Commitment to Investors & Economic Growth
Chief Investment Officer and Fund Manager, Uchenna Mkparu, emphasized that UCIF remains committed to delivering strong returns while driving sustainable development in Nigeria and Africa.
“Our performance reflects good governance, adherence to investment policies, and a focus on high-impact, value-adding projects. Looking ahead, we will continue to prioritize investments that generate superior returns and contribute to economic growth,” Mkparu stated.
With this strong financial performance and commitment to infrastructure development, UCIF continues to position itself as a leading investment vehicle for sustainable growth and long-term value creation.