Unilever Nigeria Announces Historic Dividend Increase

Added: 2026-05-10

[00:00:00]the 2025 financial statements At the 101st annual general meeting of Unilever Nigeria PLC, shareholders, directors, and management gathered to review the company's performance and approve a significantly improved dividend payout of 3 naira 75 kobo per share for the outgoing year 2025.

[00:00:27]Unilever Nigeria's growth over the past years, according to officials, has been driven by profitable volume expansion, product innovation, and efficient operations. It's a final dividend of 3 naira 25 kobo per share. In addition to that, you will recall that there was an interim dividend of 50 kobo per share.

[00:00:50]So, the dividend for the full year is 3 naira 75 kobo per share. We're leveraging on our power brands as well, ensuring that we stand out from the clutter, ensuring that Nigerians truly desire our brands, and also that they brighten everyday life for all. And therefore, we ensure that whatever we promise, we deliver with our products.

[00:01:11]If you look at our business performance in the last 5 years, it's been a it's been a performance of consistent profitable volume growth. And that has been driven by the innovations that we've brought up in the business in the last couple of years, as well as operational efficiency, which has helped us deliver profitable margins. I want to also appreciate the board for the dividend The company's shareholders welcomed the dividend increase. They describe it as evidence of the company's improving financial strength and a positive sign for the future. The fact that there was much increase in revenue and gives me pleasure for the future that there will be more dividend in the future. And also the backward integration using local raw materials conserving the foreign exchange needed for other developments of the country. It's good. As an investor, we want value for money.

[00:02:14]And today is historical because Unilever has given us the highest dividend so far.

[00:02:21]And not only that, the price in the NGX market is very very high.

[00:02:29]It's going to about 110.

[00:02:32]With stronger earnings, improved shareholder returns, and growing investor confidence, Unilever Nigeria PLC says it remains focused on delivering sustainable growth and long-term value creation across its operations.