Nigeria’s equities market dividend season is entering its busiest period, with some of the Nigerian Exchange’s (NGX) biggest listed companies set to convene shareholders between May 14 and the end of the month for Annual General Meetings (AGMs).
This is according to the NGX Group official filings of 16 companies with Seplat Energy Plc, BUA Cement, Okomu Oil Palm, Nigerian Aviation Handling Company Plc, and Stanbic IBTC Holdings leading the list of upcoming AGMs this month.
Shareholders of these blue-chip companies are expected to approve multi-billion-naira dividend payouts, bonus share issues, board changes and other strategic corporate resolutions as investors position for some of the largest shareholder rewards declared this earnings season.
Compiled from NGX corporate disclosures, company filings, and registrar notices, the AGM calendar shows that dividend-paying companies are not only rewarding shareholders with cash payouts but also deploying bonus share issues and special dividends to reinforce investor confidence.
Here is a list of the meetings, spanning banking, oil and gas, industrial goods, aviation, agribusiness and financial services, amid improving corporate earnings.
BUA Cement Plc will hold its AGM on Thursday, May 21, 2026, at Congress Hall, Transcorp Hilton Hotel, Abuja, where shareholders will vote on a final dividend of N10.00 per share for the 2025 financial year.
The cement giant enters the AGM on the back of one of the strongest earnings performances in the industrial goods sector.
BUA Cement reported pre-tax profit of N465.28 billion in FY 2025, representing a 367% increase from N99.63 billion recorded in 2024, while revenue rose 34.56% to N1.18 trillion.
Profit after tax climbed 381.73% to N356.04 billion, while earnings per share surged to N10.51, effectively matching the proposed dividend payout.
The company’s AGM is expected to attract strong shareholder participation given the scale of the dividend and the company’s expanding footprint in Nigeria’s infrastructure and construction ecosystem.
