BUA Foods plans to pay ₦504 billion in dividends

BUA Foods Plc, one of Africa’s top food manufacturers, has put forward a dividend of ₦28.00 per share. This totals around ₦504 billion for the financial year 2025.

The company said this proposal needs shareholders' approval at its 5th Annual General Meeting. This meeting is set for 15 July at the Transcorp Hilton Hotel in Abuja. At this meeting, shareholders will also look at the company’s audited financial statements for the year that ended on 31 December 2025 along with other necessary matters related to corporate governance.

For the 2025 financial year, BUA Foods reported a revenue of ₦1.77 trillion. This is a 16 percent increase from the previous year. The company also saw a 95 percent rise in profit after tax, reaching ₦518.4 billion. In comparison, total assets grew by 27 percent to ₦1.39 trillion, showing ongoing investment in manufacturing and operational excellence.

The food producer mentioned that the upcoming meeting comes after a period where BUA Foods showed strong financial performance and improved operational efficiency. This has solidified its position as one of Nigeria’s most valuable consumer goods companies.

Ayodele Abioye, the Managing Director of BUA Foods Plc, spoke about the meeting. He said it would be a chance to engage shareholders, review how the company performed, and talk about its future plans. He pointed out that even with a tough business environment, the company kept performing well through careful management and a focus on quality food products.

Mr Abioye credited the success of BUA Foods to the support from customers, supply partners, the board, management, employees, and other stakeholders. He mentioned that BUA Foods will keep working on creating long-term value through investments in expanding capacity and supporting food security for the nation’s development.

“The 5th Annual General Meeting gives us a great chance to connect with shareholders. We will reflect on another successful year and discuss the future of the business. Despite the changing business environment, BUA Foods showed strong resilience by sticking to our plans and staying committed to delivering quality food to millions of consumers. Moving forward, we will focus on building sustainable long-term value through consistent investments in capacity growth. This will also boost food security for national development,” Mr Abioye said.

The food company reaffirmed its promise to provide lasting returns, build stakeholder trust, and continue its mission of nourishing lives daily.