CAP SHAREHOLDERS APPROVE N4.00 PER SHARE DIVIDEND PAYOUT

Shareholders of Chemical and Allied Products (CAP) Plc have approved a dividend payout of N4.00 per share for the 2025 financial year at the company’s annual general meeting.

The decision reflects the company’s strong performance and commitment to rewarding investors. CAP’s Managing Director, Mr. Adebayo Alade, expressed appreciation for the shareholders’ support and outlined plans for further growth and market expansion.

The dividend is payable to shareholders whose names appear on the register as at the specified date. The company also reported positive financial results, driven by increased demand for its products and operational efficiency.

Analysts have welcomed the payout, viewing it as a sign of confidence in CAP’s future prospects.

The company remains focused on innovation, sustainability, and delivering value to its stakeholders.