In the latest corporate move by BUA Foods, the company has given shareholders a reason to smile by announcing a final dividend of N13 per share. This declaration came following the approval of withholding tax and the nod of approval from shareholders. The disclosure was made through an official filing with the Nigerian Exchange Ltd., marking a significant milestone for the renowned food company.
Dividend Details
The statement released by BUA Foods outlined, “A final dividend of N13.00 per ordinary share of 50 kobo each, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at close of business on August 21, 2025.” The process includes closing the register from August 22 to August 29, ensuring that all eligible beneficiaries are accounted for.
Shareholder Benefits
Come September 25th, 2025, shareholders who meet the criteria and have completed e-dividend registration will receive their dividends electronically. This convenient method aims to streamline processes and ensure efficient delivery of returns directly into their bank accounts. Such initiatives not only benefit shareholders but also reflect BUA Foods’ commitment to enhancing shareholder experience and satisfaction.
Strategic Planning
Furthermore, BUA Foods is laying down solid plans for its future endeavors. With intentions set on a record N99 billion dividend payout following a remarkable surge in annual profit by 23%, the company is poised for sustainable growth and increased value creation for its stakeholders. This strategic move underscores BUA Foods’ financial strength and resilience in navigating market dynamics while delivering substantial returns to investors.
Upcoming AGM
Mark your calendars! BUA Foods has scheduled its Annual General Meeting (AGM) on September 25th at Transcorp Hilton Hotel in Abuja. This event serves as a platform for stakeholders to engage with management, gain insights into the company’s performance, voice concerns, and participate in crucial decision-making processes that shape BUA Foods’ trajectory moving forward.
As we delve into this pivotal moment for BUA Foods, it’s evident that their commitment to transparency, shareholder value creation, and strategic foresight sets them apart as an industry leader. The convergence of profitability, governance excellence, and stakeholder engagement forms the bedrock upon which BUA Foods builds its legacy—a legacy grounded in integrity and sustained growth.
So there you have it—the story behind BUA Foods’ N13 final dividend declaration—an emblem of prosperity shared with those who believe in the vision and success of one of Nigeria’s foremost food companies.
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