Guinness Nigeria PLC surpass ₦1trn market capitalisation
…set to pay N2 interim dividend
By Damilare Adeleye
Guinness Nigeria PLC has achieved a landmark milestone, surpassing the ₦1 trillion mark in market capitalisation on the Nigerian Exchange (NGX), underscoring strong investor confidence and a sustained track record of value creation.
As of April 10, 2026, the company’s market capitalisation stood at approximately ₦1.01 trillion, with an enterprise value of ₦1.05 trillion. This milestone reflects a significant re-rating of the business by the market, driven by improved fundamentals and a renewed growth trajectory.
The company’s latest audited financial results for the 18-month period, ended 31 December 2025, further underscore this transformation. Guinness Nigeria delivered revenue of ₦730.80 billion, while gross profit rose by 152% to ₦230.48 billion, demonstrating strong margin expansion and improved operational efficiency.
In a significant turnaround, the company recorded a net profit after tax of ₦41.16 billion, recovering from a loss position in the prior period.
Similarly, in a notice signed by its secretary on the NGX portal, Abimbola Ajibola-Jimah, the company said an interim dividend of N2.00 per ordinary share will be paid subject to appropriate withholding tax and approval.
It disclosed that the shareholders whose names appear in the Register of Members will get their dividends by Monday, 20 April, 2026, underscoring its commitment to delivering consistent value to shareholders.
Guinness Nigeria Plc further explained that dividend payments will be processed electronically into the bank accounts of qualified shareholders who have completed the e-dividend mandate with its registrar.
In line with regulatory efforts to reduce unclaimed dividends in Nigeria’s capital market, the company urged shareholders who are yet to enroll in the e-dividend scheme to do so promptly.
Investors were also advised to download and complete the E-Dividend Mandate Activation Form via the company’s website or through the registrar, and submit it to their banks or directly to the registrar.
It charged shareholders holding unclaimed dividend warrants or physical share certificates to present them for validation and payment processing.
“Shareholders with dividend warrants and share certificates that have remained unclaimed, or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar,” the notice added.
This announcement aligns with broader initiatives by market regulators to enhance transparency, improve liquidity, and minimize dormant investor funds.