BUA Cement Plc has announced plans to distribute ₦338.64 billion as dividend for the financial year ended December 31, 2025 following strong earnings growth during the period.
The company declared a final dividend of ₦10.00 per ordinary share, subject to appropriate withholding tax and shareholder approval at its upcoming Annual General Meeting.
With a total issued share capital of 33,864,354,060 ordinary shares, the proposed ₦10 per share payout translates to a total dividend distribution of approximately ₦338.64 billion.
Shareholders whose names appear in the Register of Members as at the close of business on May 8, 2026, will qualify for the dividend. The register will be closed from May 11 to May 15, 2026, while payment is scheduled for May 21, 2026 through electronic transfer to shareholders who have completed their e-dividend registration.
The dividend announcement follows a strong financial performance in 2025. BUA Cement reported:
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Revenue of ₦1.18 trillion, up from ₦876.47 billion in 2024
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Profit before tax of ₦465.28 billion, compared to ₦99.63 billion in 2024
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Profit after tax of ₦356.04 billion, representing a 382 percent increase year-on-year
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Earnings per share of ₦10.51, up from ₦2.18 in 2024
The sharp rise in profitability was supported by revenue expansion, improved gross margins and a significant reduction in foreign exchange losses, which declined to ₦9.70 billion from ₦92.11 billion in the prior year.
The ₦10.00 dividend represents a payout ratio of approximately 95 percent of earnings per share, reflecting the company’s strong cash generation and commitment to shareholder returns.
BUA Cement’s total assets stood at ₦1.86 trillion at year-end, while shareholders’ equity rose significantly to ₦672.90 billion, compared to ₦388.55 billion in 2024.
The dividend payment reinforces the company’s position as one of Nigeria’s leading dividend-paying industrial stocks and underscores confidence in its operational strength and balance sheet stability.
Investors will monitor sustainability of margins, debt structure adjustments and demand conditions in the cement sector as the company moves into the 2026 financial year.