Guinness Nigeria Plc Declares N2.00 Interim Dividend

Guinness Nigeria Plc declared an interim dividend of N2.00 per ordinary share for the quarter ending March 31, 2026. This decision signals a strong earnings recovery, with the company reporting a profit after tax (PAT) of N10.39 billion for FY2026, representing a 48% increase from N7.03 billion in FY2025.

Earnings per share rose to N4.74 from N3.21 in the prior period, while revenue grew by four percent to N122.77 billion. Operating profit remained resilient at N17.18 billion despite margin pressures, supported by a notable decline in net finance costs to N1.43 billion from N7.72 billion in FY2025.

The total payout for the interim dividend amounts to approximately N4.38 billion based on 2.19 billion shares outstanding, with a qualification date of April 20, 2026. The dividend will be paid from distributable profits in accordance with sections 426-428 of the Companies and Allied Matters Act 2020.

Board Chairman Prof. Fabian Ajogwu SAN emphasized the disciplined capital stewardship and commitment to rewarding shareholders, while Managing Director and Chief Executive Officer Girish Sharma highlighted the focus on long-term value creation.