Okomu Oil Palm Company has proposed ₦30 per 50 kobo ordinary share as an 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 ₦30.00 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.
On August 22, dividends will be paid electronically to shareholders who have completed e-dividend registration and mandated the Registrar.
Okomu Oil Palm also reported ₦129.8 billion revenue in H1 2025, up from ₦75 billion recorded in the same period of 2024.