BUA Foods proposes record dividend after strong financial year
BUA Foods Plc has announced a significant boost in its dividend payout following a strong financial performance. The company reported a major increase in profit and revenue, driven by sustained demand for its products. Abdul Rabiu, Chairman of BUA Foods, highlighted the company’s growth strategy and commitment to shareholder value. The proposed dividend and financial results mark a milestone for the food manufacturing giant.
TLDR
- BUA Foods Plc proposed a dividend of N28 per share, a 115% increase from the previous year’s N13.
- Profit After Tax surged by 95% to N518.4bn, and revenue climbed to N1.77tn, up 16% from N1.53tn in 2024.
- The company’s audited results for the year ended 31 December 2025 show total assets rising 27% to N1.39tn.
- Management credits market expansion, internal efficiencies, and strong demand across product categories for the robust performance.
- The proposed total payout of N504bn is subject to shareholder approval at the upcoming 2026 Annual General Meeting.
