BUA Cement Plc has announced a final dividend of ₦2.05 per share for its shareholders following an impressive 48.2% increase in profit before tax, amounting to ₦99.63 billion for the financial year ending December 31, 2024.
The dividend payout applies exclusively to shareholders whose names are listed in the company’s Register of Members as of August 8, 2025, with electronic payments scheduled for August 28, 2025 through the company’s registrar, Africa Prudential Plc.
Strong Financial Performance Despite Rising Costs
BUA Cement recorded a remarkable 90.54% year-on-year revenue increase, hitting ₦876.4 billion, driven by strong domestic demand. However, the company also saw a 108.74% surge in the cost of sales, which reached ₦576.2 billion, reflecting inflationary pressures and higher production costs.
Despite these expenses, operating profit rose to ₦144 billion, reinforcing the company’s financial stability and operational resilience.
Market Performance and Shareholder Information
BUA Cement’s total assets grew by 29.17%, reaching ₦1.57 trillion, although shareholders’ funds saw only a modest 0.86% increase. The company’s shares are currently trading at ₦93, a notable decline from its ₦185 peak in January 2024.
The Register of Shareholders will be closed from August 11 to August 15, 2025, preventing any transfers during this period. Shareholders with unclaimed dividends are encouraged to complete e-dividend registration to ensure a seamless payout process.
With its strong revenue growth and commitment to shareholder value, BUA Cement continues to solidify its position as a dominant force in Nigeria’s construction sector.
