Berger Paints Announces 37.5% Dividend Increase for 2025

At the annual general meeting held virtually in Lagos, shareholders of Berger Paint Nigeria Plc approved a final dividend payout of N1.25 per share for the financial year ending December 31, 2025, bringing the total dividend for the year to N1.65 per share, representing a 37.5% increase. The company had previously paid an interim dividend of 40 kobo per share in November 2025.

Shareholders commended the company's impressive performance and high dividend payout, with Mose Lgbrude from the Independent Shareholders Association of Nigeria praising the management's strong leadership. Adebisi Bakar from the Pragmat Shareholders Association of Nigeria also lauded the management's performance.

Chairman Abi Ayida noted significant growth across major financial indicators, with a profit before tax of N1.57 billion compared to N610.8 million in 2024, reflecting a 157% increase. Revenue rose by 20% from N10.8 billion in 2024 to N12.9 billion in 2025, demonstrating the effectiveness of the company's strategic initiatives.