Geregu Power’s board has approved a dividend of ₦9 per ordinary share, totaling ₦22.5 billion, for the 2025 financial year.
The board also reviewed Geregu Power’s audited financial statements for the year ended 31 December 2025.
The final dividend, together with the financial statements, will be subject to shareholder approval at the upcoming Annual General Meeting, the date of which is yet to be announced.
This was revealed in a filing on NGX and signed by the company secretary, The Structure HQ Limited.
The proposed ₦9 dividend per share represents a steady increase from ₦ 8.5 in FY 2024 and ₦ 8.0 the previous year, continuing a trend of rising payouts.
With 2.5 billion outstanding shares, the total dividend amounts to ₦22.5 billion, up from ₦ 21.25 billion the previous year.
At Geregu’s current market price of ₦1,141.5 per share, the dividend yield stands at 0.79%, slightly higher than the 0.75% recorded in 2024.
Although fourth-quarter earnings are yet to be released, the available data points to a strong performance in 2025.
For the nine months ended September 2025, retained earnings rose to ₦55.1 billion from ₦ 51.3 billion, accounting for nearly 98% of total equity.