BUA Cement proposes N2.05 final dividend as FY profit hits N73.9bn

BUA Cement Plc has proposed final dividend of N2.05 per ordinary share for the period ended December 31, 2024. The final dividend which is subject to appropriate withholding tax will be paid to shareholders whose names appear in the Register of Members at the close of business on August 8, 2025.

BUA Cement Plc recently released annual report and financial statements for the year ended December 31, 2024 shows its revenue rose to N876.469billion from N459.998billion FY’2023. Profit before tax (PBT) was N99.630billion, up from N67.228billion in FY’2023, while profit after tax (PAT) increased to N73.909billion, from N69.454billion in FY’2023.

The register of shareholders will be closed from August 11 to August 15, 2025 (both days inclusive). The qualification date is August 8. On August 28, 2025, dividends will be paid electronically to shareholders whose names appear on the Register of Members as of August 8, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.