Unilever Nigeria Plc has approved the distribution of N18.67 billion to shareholders as dividend for the 2025 financial year following resolutions passed at its Annual General Meeting (AGM) held on May 8, 2026, in Lagos.
- +Unilever Nigeria to pay shareholders N18.67 billion dividend for 2025
The approval was contained in a statement signed by the Company Secretary, Peter Dada, and seen by Nairametrics.
The approval was contained in a statement signed by the Company Secretary, Peter Dada, and seen by Nairametrics.
Shareholders approved a final dividend of N3.25 per share, amounting to N18,671,267,605.25, subject to applicable withholding tax and statutory deductions.
According to the company, the dividend will be paid to shareholders whose names appeared in the company’s register of members at the close of business on April 10, 2026.
The company stated that the approved payout would be deducted from the amount standing to the credit of the statement of comprehensive income for the 2025 financial year.
The dividend resolution was the major item considered at the AGM held at the Shell Hall, Muson Centre, Onikan.
Shareholders approved the dividend following consideration of the company’s audited financial statements for 2025.
The dividend declaration reflects the company’s stronger earnings performance and improved profitability during the year under review.
The AGM also approved several governance-related resolutions, including the election and re-election of directors and the composition of the statutory audit committee for 2026.
Unilever Nigeria also secured shareholder approval for transactions involving related parties during the 2026 financial year.
The company also obtained approval for a general mandate to procure goods, services, and financing from related parties on commercial terms.
According to the company, the related-party transaction mandate aligns with its transfer pricing policy and Rule 20.8 of the Nigerian Exchange 2015 Issuers’ Rules.
Unilever Nigeria delivered a strong financial performance in 2025, with profitability and revenue growing significantly compared to the previous year.
The company’s audited results showed improved margins driven by higher turnover and stronger operational performance.
The performance reflects stronger consumer demand and improved operational efficiency.
The latest results reinforce Unilever Nigeria’s recovery momentum as consumer goods companies continue to navigate inflationary pressures and changing market conditions.
