• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy 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

Related Posts

Chidi Akubuiro MD West Africa TradeDepot Headshot scaled e1652092734244 scaled
Appointments

‘Congrats!’ Chidi Akubuiro joins TradeDepot as MD for West Africa

by Freelanews
May 12, 2022
wema bank
Business

‘Taken it as a duty’ Wema Bank educates, engages 69 young Nigerians in technology field

by Rtn. Victor Ojelabi
February 18, 2022
Women In Marketing and Communications Conference and Awards WIMCA 1
Business

WIMCA sets agenda for female professionals, awards deserving individuals, brands

by Rtn. Victor Ojelabi
November 16, 2020
GSPGDIZG3VJPLNYSTEW5AESABM scaled
Business

Wall Street, oil slide, dollar jumps as investors eye rate hikes

by Freelanews
April 22, 2022
screenshot 2022 08 15 at 16 55 06 interswitch.jpg (webp image 900 × 554 pixels)
Business

Interswitch‘s 2023 career fair set to explore future of work

by Freelanews
April 27, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

1710085892646 1

FG pledges strong support for women dairy farmers

May 30, 2026
Rema

Rema reveals painful split from ex-girlfriend

May 30, 2026
IGP

IGP Disu approves massive police promotions

May 30, 2026
PSG

PSG edge Arsenal to win historic Champions League

May 30, 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
1710085892646 1

FG pledges strong support for women dairy farmers

May 30, 2026
Rema

Rema reveals painful split from ex-girlfriend

May 30, 2026
IGP

IGP Disu approves massive police promotions

May 30, 2026
PSG

PSG edge Arsenal to win historic Champions League

May 30, 2026
May 2026
SMTWTFS
 12
3456789
10111213141516
17181920212223
24252627282930
31 
« Apr    
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

  • 710591806 1532939364875729 8909560945921567883 n

    Why Ojude Oba 2026 could be a warning sign for Tinubu’s votes in Ogun

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Deadly clash leaves eight dead after Niger senator’s donation

    0 shares
    Share 0 Tweet 0
  • Wife allegedly kills husband in shocking infidelity case

    0 shares
    Share 0 Tweet 0
  • Nigerian priest convicted in US sexual assault case on women seeking spiritual guidance

    0 shares
    Share 0 Tweet 0

Just Published!

1710085892646 1

FG pledges strong support for women dairy farmers

May 30, 2026
Rema

Rema reveals painful split from ex-girlfriend

May 30, 2026
IGP

IGP Disu approves massive police promotions

May 30, 2026
PSG

PSG edge Arsenal to win historic Champions League

May 30, 2026
Atiku

Atiku accuses Tinubu of undermining democracy

May 30, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 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

© 2025 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.