BUA Cement Plc declares N2.60 as final dividend to shareholders in FY 2021

BUA Cement Plc has declared a final dividend of N2.60 for the year ended 31 December 2021.

The Cement manufacturer achieved significant growth in its topline and bottom line figures for the year under review.

 The company reported a turnover of N257.33 billion, up by 22.86% from N209.443 billion reported the previous year.

Profit after tax grew year on year by 24.51% to N90.079 billion from N72.344 billion reported the previous year.

Earnings per share of BUA Cement stands at N2.66, up by 24.51% from the EPS of N2.14 achieved in FY 2020.

At the share of N70.75, the P/E ratio of BUA Cement stands at 26.6x with earnings yield of 3.76%.

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