BUA Cement announces new payment date for Final Dividend of N2.05 per ordinary share 

This amendment was communicated in a notice published on the Nigerian Exchange, revising an earlier announcement issued on February 28, 2025.

According to the group, the dividend, which was initially scheduled to be distributed to registered shareholders on August 28, 2025, will now be paid electronically and directly into shareholders’ bank accounts on July 21, 2025.

The company also revised the closure period of its register of shareholders, moving it from the previously announced dates of August 11 to 15, 2025, to the new period of July 4 to 8, 2025.

BUA Cement noted that the final dividend is subject to withholding tax and regulatory approval and emphasized that e-dividend registration is a prerequisite for receiving the payment.

BUA Cement’s final dividend of N2.05 per share translates to a total payout of N69.42 billion.

BUA Cement Plc released its unaudited financial results for Q1 2025, ended March 31, 2025, reporting an impressive 368.58% year-on-year growth in pre-tax profit to N99.74 billion.

Revenue for the quarter surged to N290.8 billion, compared to N161.1 billion in the same period the previous year. Notably, the sale of cement accounted for 100% of total revenue.

In addition, the company’s operating profit stood at N119.03 billion, representing a whopping 255.57% increase, signaling strong operational performance.