The Board of Directors of Meyer Plc have officially recommended a dividend of 45 kobo per share for the financial year ended December 31, 2025.
This announcement comes ahead of the company’s 54th Annual General Meeting (AGM), scheduled to take place on May 22, 2026, at the Radisson Blu Hotel, Lagos.
According to the corporate action notice, the dividend will be paid to shareholders whose names appear in the Register of Members as of the close of business on April 30, 2026.
The Register will be closed from May 1 to May 4, 2026, to facilitate an up-to-date registry for payment.
The proposed dividend represents a significant payout for the materials firm, following a year of improved earnings where Earnings Per Share (EPS) rose to ₦1.11, nearly doubling the previous year’s performance.
Shareholders can expect payment to be credited electronically on Monday, May 25, 2026.