Study Africa Plc has declared a remaining dividend of 35 kobo per 50 kobo atypical share for the monetary yr ended thirty first March 2025, payable to eligible shareholders.
In a disclosure filed with the Nigerian Alternate, the corporate acknowledged that the dividend will likely be paid to shareholders whose names seem on the Register of Members as of twelfth September 2025.
The cost, which is topic to withholding tax, will likely be made electronically on Thursday, twenty fifth September 2025, the identical day as the corporate’s Annual Normal Assembly (AGM).
Study Africa emphasised that solely shareholders who’ve accomplished the e-dividend registration course of will obtain funds straight into their bank accounts.
Key highlights:
- The ultimate dividend quantities to a complete payout of N303.7 million.
- At 35 kobo per share, it represents a dividend yield of 5%.
- The dividend displays a payout ratio of 64%.
The payout comes on the again of the corporate’s robust efficiency within the 2025 monetary yr, throughout which income rose to N5.1 billion on the again of elevated gross sales.
Efficiency:
The corporate posted a 27% rise in income, closing the monetary yr ended March 2025 at N5.1 billion, in comparison with N4.08 billion within the earlier yr.
- Gross sales from the western area led the efficiency with N1.9 billion, whereas the northern zone contributed N1.2 billion and the japanese zone added N1 billion.
Though the price of gross sales jumped to N2.6 billion from N1.9 billion, gross revenue nonetheless improved, climbing to N2.5 billion from N2.1 billion.
Working bills additionally went up, pushed largely by promoting and distribution prices, which reached N1 billion. Regardless of this, working revenue surged to N767.3 million, up from N280.7 million a yr earlier.
Consequently, revenue earlier than tax rose sharply to N748.2 million, in comparison with N260.5 million within the monetary yr ended March 2024.
Nevertheless, within the first quarter of the 2026 monetary yr, the corporate slipped right into a lack of N354.8 million, primarily resulting from rising manufacturing and operational prices.
Market development:
Shares of the corporate have loved a robust bullish run on the Nigerian inventory market in 2025, delivering a year-to-date acquire of 56%.
Beginning the yr at N4.50, the inventory confronted transient pullbacks in February and March however shortly regained momentum.
From April onward, it has managed to shut every month in optimistic territory, climbing to N7 as of pre-market open on twenty fifth August 2025.
- Momentum peaked in July, the inventory’s best-performing month, with a 37% surge. August has additionally maintained the rally, already posting an 11% acquire to date.
Be First to Comment