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CAP shareholders get N1.9bn dividend payout as revenue rises 52%

Shareholders of Chemical and Allied Products (CAP) Plc have approved a final dividend of N2.40 per 50 kobo ordinary share, amounting to a total dividend payout of N1.9 billion for the 2024 financial year.


The approval was granted during CAP’s 60th Annual General Meeting held recently in Lagos.


The company also reported a 52 percent year-on-year increase in revenue for the 2024 financial year to N36.4 billion, up from N23.9 billion in 2023.

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