UAC of Nigeria Announces 2.93 Billion Naira Dividend Following Strategic Revenue Surge and Major Beverage Sector Acquisition

UAC of Nigeria Plc announces a N1 per share dividend for 2025 as revenue hits N340.5 billion following the strategic acquisition of C.H.I. Limited.

By: AXL Media

Published: Mar 31, 2026, 11:24 AM EDT

Source: The information in this article was sourced from LEADERSHIP News

Rewarding Shareholders Amidst Structural Expansion

UAC of Nigeria (UACN) Plc has signaled a robust commitment to its investors by proposing a total dividend payout of N2.93 billion for the 2025 operating year. This proposal translates to N1.00 per ordinary share, a dramatic leap from the 22 kobo paid during the prior period. According to the company's official filing, the disbursement is slated for shareholders of record as of June 11, 2026, pending final authorization at the Group’s Annual General Meeting. This aggressive dividend policy reflects the board's confidence in the firm’s long-term cash flow following a year of significant corporate restructuring and portfolio growth.

Revenue Growth Driven by Strategic Acquisitions

The Group’s audited financial results reveal a transformative jump in turnover, with revenue climbing to N340.5 billion from the previous year. This 73 percent year-on-year increase was largely attributed to the successful integration of C.H.I. Limited (CHI) into the UACN ecosystem. The addition of the CHI business provided a substantial boost through the inclusion of popular household brands such as Chivita and Hollandia, which strengthened the Group's footprint in the competitive fruit juice and dairy categories. While segments like Paints and Packaged Foods showed strong upward momentum, these gains were partially offset by softer performance in the Edibles and Feed sectors.

Analyzing Underlying Profitability and Exceptional Costs

The 2025 fiscal year was characterized by high-stakes investment, specifically the N8.5 billion in transaction costs associated with the CHI takeover and an additional N6.8 billion in hedging expenses. These one-off items brought the reported profit before tax down to N16.4 billion compared to N25.5 billion in 2024. However, Group Managing Director Fola Aiyesimoju pointed toward the underlying profit before tax of N31.8 billion as a more accurate metric of the firm's health. This figure, which excludes the non-recurring acquisition costs, represents a 95 percent increase over the previous year’s underlying performance, highlighting the latent earning power of the expanded Group.