Okomu Oil Palm Company Plc has declared an interim dividend of N30 per 50 kobo ordinary share for members whose names appear in the company’s register as of the close of business on August 8, 2025.
Analysts at CardinalStone have forecast a promising outlook for palm oil companies Okomu Oil and Presco in 2025, projecting better operational health, specifically an EBITDA margin of 53.8%.
Okomu Oil Palm Plc has reported a pre-tax profit of N52.05 billion for the 2024 financial year, according to its recently published unaudited financial report.
Agro-based companies listed on the Nigerian Exchange have reported yet another period of profitability growth in the first half of 2024.
Okomu Oil Palm Plc has announced the appointment of Francois Fabri as Non-Executive Director amid changes to the company’s board which saw Mr. Hubert Fabri resigned from the Board of the company beginning from July 26th, 2024.
Since 2023, the business environment has faced significant challenges, including high inflation, fluctuating interest rates, and volatile exchange rates.
The Palm Oil sector has always presented a beacon for investors due to the seeming wide gap between the demand for the product and the supply, which has not been met.
Okomu Oil Palm Plc has reported a pre-tax profit of N23.033 billion for the Q1 ended March 31, 2024, representing a 54.77% year-on-year (YoY) increase.
Making the most profits doesn’t necessarily equate to being the most profitable because profitability is beyond how much financial gains a company records, it is essentially a measure of how efficiently a company is run.
Some Nigerian-listed companies have consistently provided returns to their shareholders through dividend payouts, as indicated by data from their financial statements.
Palm oil is a key agricultural product that the country has the capability to restore its status as a global exporter.
Okomu Oil Palm Company Plc has announced an interim dividend of N7 per 50 kobo ordinary shares to its shareholders.
