Shareholders call for continued interim dividends at Guinness Nigeria
Guinness Nigeria Plc has received strong calls from minority shareholders to maintain the payment of interim dividends. At the brewer’s 75th Annual General Meeting in Lagos, shareholders praised the management for returning the company to profitability and for the significant rise in share price. Sir Sunny Nwosu and Nona Owoh were among those who emphasized the importance of regular interim dividends. The board assured shareholders of their commitment to sustaining improved performance and delivering better returns.
TLDR
- At the 75th Annual General Meeting, shareholders urged Guinness Nigeria Plc to sustain interim dividends.
- Sir Sunny Nwosu praised the management for profitability and share price growth from less than N10 to over N400 within a year.
- On Tuesday, Guinness Nigeria Plc announced an interim dividend of N2 per ordinary share for the quarter ended March 31, 2026.
- Profit After Tax grew by 48% year-on-year to N10.39bn in Q1 FY2026, from N7.03bn in Q1 FY2025.
- The company changed its financial year-end from June to December, with revenue growing by 144% to N730.81bn at the end of 2025 from N299.49bn at the end of June 2024.
