Chemical and Allied Products Plc has approved a final dividend of N4.00 per 50 kobo ordinary share for the financial year ended 31 December 2025. This represents a 67 per cent 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 N3.26bn, was approved at the Company’s 61st Annual General Meeting 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 N44.9bn for the 2025 financial year, a 23 per cent increase from N36.4bn in 2024. Gross profit grew by 32 per cent to N19.4bn, while profit before tax rose 51 per cent to N9.1bn, up from N6.1bn in the prior year.
Chairman of the Board at CAP Plc, Fola Aiyesimoju, noted that the performance reflects the strength of the Company’s strategic foundations, while reiterating its commitment to delivering consistent returns to shareholders.
