PZ Cussons Nigeria declares ₦2.50 dividend for FY2026
PZ Cussons Nigeria PLC filed a corporate action notice dated 28th August 2026, disclosing resolutions passed at a special board meeting held on 27th August 2026. The filing covers approval of audited financial statements for the year ended 31st May 2026, a proposed final dividend, and a scrip dividend option for qualifying shareholders.
At its special board meeting held on Thursday, 27th August 2026, the Board of Directors of PZ Cussons Nigeria PLC approved the Audited Financial Statements for the financial year ended 31st May 2026. The Board also proposed a final dividend of ₦9,926,192,613, translating to ₦2.50 per ordinary share of 50 kobo each, for the same financial year. This dividend proposal is subject to shareholder approval at the Company's next Annual General Meeting (AGM).
In addition to the cash dividend, the Board recommended a Scrip Dividend option to qualifying shareholders. Under this arrangement, eligible shareholders may elect to receive new ordinary shares in the Company in lieu of all or part of their cash dividend entitlement. This recommendation is also subject to approval at the AGM.
The Company disclosed that its closed period, which commenced on 1st June 2026, remains in effect and will only be lifted twenty-four hours after the Audited Financial Statements are released to the market. The filing was signed by Company Secretary Oghenekevwe Ogefere and includes contact details for the Company's dedicated Investors' Relations portal and officer.
