Chemical and Allied Products Plc (CAP PLC) has authorized a final dividend of N4.00 per ordinary share for the financial year ended 31 December 2025.
The payout totals N3.26 billion, marking a significant return of capital to investors as the company closes its latest reporting period.
The decision reflects the board’s assessment of the firm’s retained earnings and cash flow generation over the past twelve months.
By committing to this distribution, CAP PLC signals that it maintains sufficient liquidity to reward shareholders while continuing to fund its core operations in the Nigerian chemical and allied products sector.
This move aligns with a broader trend of African corporates returning capital to equity holders amid varying macroeconomic conditions.
The dividend follows the company’s general meeting, where shareholders reviewed the financial performance and approved the distribution plan.