Chemical and Allied Products Plc (CAP PLC) has approved a final dividend of N4.00 per 50 kobo ordinary share for the financial year ended December 31, 2025. This represents a 67 percent increase over the previous year, reinforcing the company’s continued commitment to delivering consistent value to shareholders.
The dividend, amounting to a total payout of N3.26 billion, was approved at the company’s 61st Annual General Meeting (AGM) held in Lagos, where shareholders also endorsed the board’s strategic direction and approved all resolutions presented at the meeting.
The record dividend follows a year of strong financial performance across all key metrics, including operational efficiency, cost optimisation, margin protection, and portfolio expansion. The Company recorded revenue of N44.9 billion for the 2025 financial year, a 23 percent increase from N36.4 billion in 2024. Gross profit grew by 32 percent to N19.4 billion, while profit before tax rose 51 percent to N9.1 billion, up from N6.1 billion in the prior year.
Fola Aiyesimoju, chairman of the board at CAP PLC, noted that the performance reflects the strength of the company’s strategic foundations while reiterating its commitment to delivering consistent returns to shareholders.
