Zichis Agro Allied Industries Plc has announced plans to reward its shareholders with both cash dividends and bonus shares following a strong improvement in its financial performance for the 2025 financial year. The decision signals management’s confidence in the company’s earnings outlook and operational expansion within Nigeria’s agricultural sector.
The company proposed a dividend payment and a bonus share issue after reporting a significant increase in profitability. The shareholder reward package is estimated at about N120 million for the 2025 financial year, representing roughly a 300 per cent increase compared with the N30 million distributed in 2024.
In its corporate announcement, the company stated: “A Final Dividend of 20 kobo per 50 kobo ordinary share, subject to withholding tax, and on approval will be paid to shareholders whose name appear in the share register of members as at the close of business on March 16, 2026.”
Alongside the cash dividend, the agribusiness firm also plans to issue additional shares to existing investors. According to the company, shareholders will receive one new share for every share they currently hold. This proposed bonus share issue will also depend on approval at the company’s annual general meeting.
The company explained that the offer will apply to shareholders whose names appear in the register of members at the close of business on March 16, 2026. Management noted that the decision reflects its commitment to rewarding investors after delivering improved earnings.
The announcement follows the release of the company’s audited financial results for the year ended December 31, 2025. The results indicate a major turnaround in profitability compared with the previous year. Pre tax profit rose sharply to N364.21 million in 2025 from N69.93 million in 2024, representing a growth of more than 420 per cent.
Revenue also expanded significantly during the period as the company strengthened its operations across several agricultural segments. Its business activities span poultry and fish farming, egg production, oil palm cultivation and processing, as well as animal feed production through its feed milling operations.
Management attributed the improved performance to rising production capacity and expansion across its agricultural value chain. As part of its growth strategy, the company has continued to invest in facilities and production infrastructure to support higher output levels.
Speaking on the company’s operational plans, Executive Director of Finance and Strategy, Chris Ogbaisi, explained that the company has begun implementing its 2026 expansion strategy.
He said: “Zichis feed milling plant, which is one of our cash cow has been increased to five tonnes per hour and we are estimating 600 tonnes in a monthly basis. We are hoping it is commissioned in the next two weeks in March 2026.”
The upgrade of the feed milling facility is expected to strengthen production capacity and improve revenue generation from one of the company’s key business segments.
The shareholder reward plan also comes at a time when trading in the company’s shares on the Nigerian Exchange has been temporarily suspended due to regulatory scrutiny over unusual price movements in the stock. Despite the investigation, the company has proceeded with its dividend and bonus share proposal, signalling confidence in its financial position and long term growth prospects.
Overall, the company’s improved earnings, expansion plans and proposed shareholder rewards suggest a strategic effort to reinforce investor confidence while positioning the agribusiness for further growth in Nigeria’s agricultural market.
