• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

BUA Foods proposes ₦28 dividend as profits approach ₦520bn

Quadri Olaitan by Quadri Olaitan
April 1, 2026
in Business
0 0
0
BUA Foods
thenacre-campaign

BUA Foods proposes record N28 per share dividend after 95% profit growth in 2025, reflecting strong financial performance and market expansion

BUA Foods Plc has signalled strong confidence in its operational strategy by proposing a record-breaking dividend of N28 per share following an exceptional 2025 financial year.

Also read: BUA Foods dividend 2024 jumps 136% to N13 per share

The proposed dividend marks a 115 per cent increase from the N13 per share paid the previous year, as the company’s Profit After Tax surged 95 per cent to N518.4bn.

The company’s audited results for the year ended 31 December 2025 show revenue climbed 16 per cent to N1.77tn, up from N1.53tn in 2024.

Growth was supported by sustained demand across its diversified portfolio, which includes sugar, flour, pasta, and rice.

Perfect-Aesthetic-social-1

Speaking on the performance, Chairman Abdul Rabiu said, “Our 2025 performance reflects the strength of our growth strategy and our ability to consistently scale revenue in a dynamic operating environment.

The significant increase in our proposed dividend underscores our commitment to delivering enhanced value to shareholders while continuing to invest in the future of the business.”

Total assets rose 27 per cent to N1.39tn, driven by market expansion and a focus on internal efficiencies.

Managing Director Ayodele Abioye noted, “Our focus remains on driving sustainable revenue growth through capacity expansion, market penetration, and an improved end-to-end supply chain.

Strong demand across our product categories reinforces our strategic direction, and we are well-positioned to build on this momentum.”

Odun Ifa 2026
ADVERTISEMENT
adron lemon friday

Despite macroeconomic complexities, BUA Foods maintained a solid financial position by optimising cost structures and supply chain management.

The proposed total dividend payout of N504bn is subject to shareholder approval at the 2026 Annual General Meeting.

The company added, “With strong fundamentals, BUA Foods remains well-positioned to sustain its growth trajectory while contributing to food security and economic development in Nigeria and across West Africa.”

Also read: MTN, BUA foods, Cadbury clear overseas debts as dollar supply improves

The results cement BUA Foods’ status as a market leader, rewarding investors with one of the most significant dividend jumps in the history of Nigeria’s consumer goods sector.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

NNPC to boost economy with $4bn gas projects
Business

NNPC to boost economy with $4bn gas projects

by Quadri Olaitan
June 28, 2024
KENEDY UZOKA UBA PS
Business

‘Customer service week’ Clients satisfaction remains number one priority at UBA, bank boss asserts

by Freelanews
October 7, 2021
Media Innovation Programme
Brands

MTN expands Media Innovation Programme as Pan‑African fellowship

by Peculiar Adirika
September 26, 2025
digital banking visits
Appointments

UBA appoints new MD/CEOs in Kenya, Sierra Leone (Photos)

by Rtn. Victor Ojelabi
February 6, 2024
images 4 jpeg
Business

FG plan to cancel unutilized oil licenses

by Reni
December 5, 2023

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

UEFA

UEFA introduces champions league debut patches

September 2, 2026
Tegbe

Tegbe says Africa Is central to global energy security

September 2, 2026
Sarr

Sarr’s agent demands respect for african players

September 2, 2026
Sanwo-Olu

Sanwo-Olu unveils 44 Lagos sports chairmen

September 2, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
UEFA

UEFA introduces champions league debut patches

September 2, 2026
Tegbe

Tegbe says Africa Is central to global energy security

September 2, 2026
Sarr

Sarr’s agent demands respect for african players

September 2, 2026
Sanwo-Olu

Sanwo-Olu unveils 44 Lagos sports chairmen

September 2, 2026
ADVERTISEMENT
September 2026
SMTWTFS
 12345
6789101112
13141516171819
20212223242526
27282930 
« Aug    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Rotary

    West African Projects Fair 2026: Rotary Clubs unite for greater impact

    0 shares
    Share 0 Tweet 0
  • Has Tinubu lost his grip on the Nigerian media?

    0 shares
    Share 0 Tweet 0
  • IPOB gives Nigerian government 14 days to hear Nnamdi Kanu appeal

    0 shares
    Share 0 Tweet 0
  • BREAKING: Lionel Messi retires from international football

    0 shares
    Share 0 Tweet 0

Just Published!

UEFA

UEFA introduces champions league debut patches

September 2, 2026
Tegbe

Tegbe says Africa Is central to global energy security

September 2, 2026
Sarr

Sarr’s agent demands respect for african players

September 2, 2026
Sanwo-Olu

Sanwo-Olu unveils 44 Lagos sports chairmen

September 2, 2026
NCDC

NCDC confirms 14 new Lassa fever cases in Nigeria

September 2, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.