BUA Foods Plc has proposed a record dividend of N28 per share following a strong financial performance in 2025, marking a 115% increase from the N13 paid the previous year. The company’s Profit After Tax surged 95% to N518.4 billion, reflecting robust operational performance and investor confidence.
The company’s audited financial results revealed revenue growth to N1.77 trillion, up 16% from N1.53 trillion in 2024, driven by sustained demand across its diversified product portfolio, which includes sugar, flour, pasta, and rice. Total assets also rose 27% to N1.39 trillion, highlighting strong balance sheet growth.
Chairman Abdul Rabiu emphasized that the dividend increase underscores BUA Foods’ commitment to enhancing shareholder value while continuing to invest in future growth. Managing Director Ayodele Abioye added that capacity expansion, market penetration, and an improved supply chain were key drivers of the company’s strong revenue performance.
Despite challenges in the macroeconomic environment, the company maintained a solid financial position by optimising cost structures and operational efficiency. The proposed total dividend payout of N504 billion is subject to shareholder approval at the upcoming 2026 Annual General Meeting.
The results solidify BUA Foods’ leadership in Nigeria’s consumer goods sector, delivering one of the most significant dividend increases in the industry and reinforcing its ability to sustain growth while contributing to food security and economic development in West Africa.
