BUA Cement shareholders approve N10.00 dividend as company’s revenue hits N1.2trn

The shareholders of BUA Cement Plc have approved a N10.00 dividend per share for the 2025 financial year.

The approval was announced at the BUA Cement’s 10th Annual General Meeting held in Abuja on Thursday, May 21, 2026.

The company’s audited for the ended December 31, 2025, released at the AGM, showed a record revenue of N1.2 trillion, representing a 34.5 per cent increase from N876.5 billion recorded in 2024.

The company’s gross profit rose to N604.1 billion in 2025 from N300.2 billion recorded in 2024.

BUA Cement’s profit after tax also increased from N 73.9 billion generate r in 2024 to N356 billion in 2025, representing 381.7% increase, while the company’s earning per share also rose from N2.18k in 2024 to N10.00 at the end of 2025.

The delighted shareholders applauded the visionary leadership of the company’s chairman, Abdul Samad Rabiu, and the executive management for their value-based strategies adopted in navigating a year characterised by volatility and transition.

The shareholders also highlighted the company’s recent employee long service award as motivational and exemplary, with its sustained impact through various philanthropic interventions in the host communities and across sectors.

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Speaking, the BUA chairman appreciated the shareholders for their loyalty, and trust in the company’s board and management.

“Your faith and belief in us to continue addingvalue, is the foundation for this impressive performance we have recorded,” Rabiu said.

He further stressed that despite the necessary economic reforms with its attendant challenges, BUA Cement has emerged stronger, more valuable, and will continue to deliver on its commitments to its esteemed shareholders.

Rabiu added: “With the infrastructural developments across the country by the government, especially concrete road construction, BUA Cement is committed to its expansion programme, safe-guarding the integrity of its capital, and building on its recorded bulk cement distribution success.

“Also, the upcoming 2026 commissioning of BUA LNG project later this year will further reduce our operating cost, provide a more cost-effective energy alternative to our plants.”