The Board of Directors of University Press Plc has proposed a final dividend of 18 kobo per ordinary share for the financial year ended March 31, 2026.
This recommendation, which is subject to shareholder approval at the upcoming Annual General Meeting (AGM), underscores the company’s commitment to delivering consistent value to its investors despite a challenging macroeconomic environment.
The proposed dividend payout reflects the company’s resilient financial performance over the past year and its ongoing dedication to rewarding investor loyalty.
The company’s share price steadied at N5.25 as at close of trading on Friday July 10. University Press has 431,409,504 shares outstanding cumulatively valued at N2.264 billion.
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According to the audited financial statements of University Press Plc for the financial year ended March 31, 2026, the company delivered solid growth in both top and bottom-line figures.
Its revenue increased by 14 percent to N3.89 billion, up
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