Okomu Oil Palm Company has proposed N30 per 50 kobo ordinary share as interim dividend for the period ended 30 June 2025.
This is revealed in a corporate disclosure filed with the Nigerian Exchange Ltd. on Thursday.
The statement reads: “An interim dividend of N30.00 per 50 kobo ordinary share, subject to withholding tax, will be paid to qualified shareholders.”
Shareholders must appear in the Register of Members as at the close of business on 8 August 2025 to receive the dividend.
The Register of Shareholders will be closed from Aug. 11 to 15.
On Aug. 22, dividends will be paid electronically to shareholders who completed e-dividend registration and mandated the Registrar.
Okomu Oil Palm also reported N129.8 billion revenue in H1 2025, up from N75 billion recorded in the same period of 2024.
Profit after tax from continuing operations rose to N47.54 billion, up from N20.2 billion in the previous year.
Basic earnings per share increased to ₦49.83, compared to N21.17 in the corresponding period of 2024.
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