Academy Press Plc has proposed a final dividend of fifteen (15) kobo per 50 kobo share subject to shareholders’ approval and appropriate withholding tax.

The dividend will be paid to shareholders whose names appear in the Register of Members as at the close of business on Thursday October 16, 2025.

The company also proposed a bonus of one (1) share for every five (5) existing shares, subject to shareholders approval at the annual general meeting (AGM).

The company’s annual general meeting will be held in Lagos on Thursday October 23.

The company’s register of shareholders will be closed on Friday 17 to Thursday 23 October 2025. Qualification date is October 16, 2025.

The dividend will be paid electronically on October 30 to shareholders whose names appear on the Register of Members as at Thursday October 16 and who have completed the e-dividend registration and mandated the registrar to pay their dividends directly into their Bank accounts.

More from our Markets Column

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp