BUA Foods Targets N28 Dividend as Profit Rises N520bn
BUA Foods Plc has signalled immense confidence in its operational strategy by proposing a record-breaking dividend payout following a stellar 2025 financial year.
The food manufacturing giant announced a proposed dividend of N28 per share, marking a 115 per cent increase from the N13 paid the previous year, as the company’s Profit After Tax surged by 95 per cent to reach N518.4bn.
The company’s audited financial results for the year ended 31 December 2025, reveal a robust revenue climb to N1.77tn, up 16 per cent from N1.53tn in 2024. This growth was underpinned by sustained demand across its diversified product portfolio, which includes sugar, flour, pasta, and rice.
Speaking on the financial performance, the Chairman of BUA Foods, Abdul Rabiu, said, “Our 2025 performance reflects the strength of our growth strategy and our ability to consistently scale revenue in a dynamic operating environment.
“The significant increase in our proposed dividend to N28 per share underscores our commitment to delivering enhanced value to our shareholders while continuing to invest in the future of the business.”
The company’s total assets also saw a significant boost, rising 27 per cent to N1.39tn. Management attributed the bottom-line success to a combination of market expansion and a rigorous focus on internal efficiencies.
Also speaking, the Managing Director, Ayodele Abioye, said, “Our focus remains on driving sustainable revenue growth through capacity expansion, market penetration, and an improved end-to-end supply chain.
“The strong demand across our product categories reinforces our strategic direction, and we are well-positioned to build on this momentum.”
Despite the complexities of the current macroeconomic landscape, BUA Foods maintained a solid financial position by optimising cost structures and supply chain management. The proposed total payout of N504bn remains subject to shareholder approval at the upcoming 2026 Annual General Meeting.
“While profitability remained strong, the performance was primarily driven by revenue expansion and optimised cost structures. With strong fundamentals, BUA Foods remains well-positioned to sustain its growth trajectory while contributing to food security and economic development in Nigeria and across West Africa,” the company noted in its official statement.
The results solidify BUA Foods’ position as a market leader, rewarding investors with one of the most significant dividends jump in the history of the Nigerian consumer goods sector.