Nahco Declares N12.18bn Dividend for 2025 Fiscal Year
Nahco has declared a dividend payout of N12.18 billion for the 2025 business year, maintaining a strong operational growth trajectory and a consistent dividend payment record since 2015. The average annual dividend growth over the past five years stood at 64.9%.
The dividend per share has increased from 41 kobo in 2015 to N6.25 for 2025. Additionally, Nahco will distribute bonus shares at a rate of one new share for every seven ordinary shares held, subject to shareholder approval at the upcoming annual general meeting.
The company's financial performance showed total revenue rising by 21.8% to N65.21 billion in 2025, with gross profit increasing from N33.08 billion in 2024 to N38.61 billion in 2025. Operating profit rose by 25% to N24.84 billion, while profit before tax jumped by 30% to N24.256 billion.
Earnings per share increased by 40% to N9.24 in 2025, and total assets grew to N53.88 billion.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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