• 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

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 dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

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.”

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

Trovotech Ltd. listed with SEC, asset tokenization, Nigerian tech startup, financial inclusion, blockchain technology
Business

Trovotech Ltd. listed with SEC Nigeria and wins tech startup award

by Quadri Olaitan
December 9, 2024
Little Saints Orphanage Pictures from 2020 BWN Giving Back 1 002
Sustainability

‘Women giving back’ Stanbic IBTC’s BWN reaches out to less privileged

by Freelanews
August 6, 2020
WhatsApp Image 2022 01 29 at 8.50.13 PM scaled
Business

‘Billion dollar commitment’ Google set to invest $1bn in Airtel, to acquire 1.28% stake

by Rtn. Victor Ojelabi
January 29, 2022
IMG 20191031 WA0018 e1575487112621
Business

FG to cut budget, seeks new oil benchmark

by Freelanews
March 10, 2020
WhatsApp Image 2020 11 25 at 07.00.11
Business

‘$15.6 billion’ FG says Abidjan-Lagos highway to benefit 40 million commuters

by Freelanews
June 6, 2022

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

Police

Police summon VeryDarkMan over AIG allegations

August 5, 2026
ADC

ADC alleges WhatsApp votes tainted state police bill

August 5, 2026
Nigerian

Nigerian fuel prices trigger sharp demand decline

August 5, 2026
CBN

CBN reports positive $52.5bn reserve milestone

August 5, 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
Police

Police summon VeryDarkMan over AIG allegations

August 5, 2026
ADC

ADC alleges WhatsApp votes tainted state police bill

August 5, 2026
Nigerian

Nigerian fuel prices trigger sharp demand decline

August 5, 2026
CBN

CBN reports positive $52.5bn reserve milestone

August 5, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
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

  • Nurses

    Nurses at FMC Abeokuta forced to pay up to ₦30,000 for end-of-year party amid victimisation accusations, calls for probe

    0 shares
    Share 0 Tweet 0
  • Peller reacts after realising Dollars sprayed at wedding were fake

    0 shares
    Share 0 Tweet 0
  • Nigerian student, 25, jailed for 3 years in UK for attempting to meet child after online grooming, faces deportation

    0 shares
    Share 0 Tweet 0
  • Folake Adeyeye @ 50: Educating for humanity since 2015

    0 shares
    Share 0 Tweet 0

Just Published!

Police

Police summon VeryDarkMan over AIG allegations

August 5, 2026
ADC

ADC alleges WhatsApp votes tainted state police bill

August 5, 2026
Nigerian

Nigerian fuel prices trigger sharp demand decline

August 5, 2026
CBN

CBN reports positive $52.5bn reserve milestone

August 5, 2026
Reps

Reps probe N400m PFIPC fraud allegation

August 5, 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.