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Geregu Power Declares N9 Dividend Per Share for 2025 Fiscal Year
Geregu Power Plc has revealed that its board of directors has sanctioned a dividend payout of N9 for each ordinary share, amounting to a total distribution of N22.5 billion for the financial year ending 2025.
Board Review and Financial Statement Approval
According to the official disclosure submitted to the Nigerian Exchange (NGX) and endorsed by the company secretary, The Structure HQ Limited, the board has thoroughly examined Geregu Power’s audited accounts for the year concluded on 31 December 2025.
Next Steps: Shareholder Ratification at AGM
The proposed dividend and the audited financial reports will be presented for ratification at the forthcoming Annual General Meeting (AGM). The exact date for this meeting is yet to be finalized and communicated to shareholders.
Context and Industry Insight
This dividend announcement reflects Geregu Power’s robust financial health amid a dynamic energy sector in Nigeria, where power generation companies are increasingly focusing on sustainable growth and shareholder value. For instance, recent data from the Nigerian Electricity Regulatory Commission (NERC) indicates a steady rise in power generation capacity, which bodes well for companies like Geregu Power aiming to enhance returns to investors.
