BUA Foods, the food manufacturing giant led by Nigerian billionaire Abdulsamad Rabiu, has officially approved a record dividend payout of $363 million, or N504 billion.
This announcement took place during the company’s fifth annual general meeting held at the Transcorp Hilton in Abuja.
Record shareholder rewards
Shareholders endorsed a final dividend of N28 per ordinary share, which represents an 115 percent increase from the N13 per share paid the previous year.
This significant return to investors is backed by a 95% surge in profit after tax, which reached N518.4 billion, or approximately $373 million. Total revenue for the 2025 financial year grew by 16% to N1.77 trillion.
