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Nigerian Firms to Distribute N3.2 Trillion in Dividends

This Day·
Nigerian Firms to Distribute N3.2 Trillion in Dividends

For the 2025 financial year, Dangote Cement Plc (NGX: DANGCEM), Guaranty Trust Holding Company Plc (GTCO) (NGX: GTCO), and other firms are expected to reward shareholders with a total dividend of N3.2 trillion, marking a significant 131.8% increase from the N1.36 trillion distributed in 2024. This growth is attributed to improved economic indicators and strong corporate earnings, with a combined profit before tax of N7.63 trillion in 2025, a 109% rise from N3.6 trillion in 2024.

Dangote Cement leads the dividend distribution with N759.31 billion, a 50% increase from N506.21 billion in 2024. GTCO follows with N466.38 billion, despite a 2.7% drop in profit before tax.

Other notable payouts include BUA Foods Plc (NGX: BUAFOODS) at N504 billion and MTN Nigeria at N419.91 billion. Wema Bank Plc (NGX: WEMABANK) also reported a significant increase in profit before tax, reaching N221 billion, with a proposed dividend payout of N50.15 billion for 2025.

Plus234Feed summary based on reporting from This Day.

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