Champion Breweries Declines Amidst 7K Dividend Payment
Champion Breweries Plc lost more than 5% of its market value on the Nigerian Exchange (NGX) last week as investors booked profit amidst a small dividend payment to shareholders.
The brewer’s share price declined to N13.85 on the local bourse from an opening price of N14.60 at the beginning of the week, according to NGX trading data.
The share price of Champion Breweries fluctuated between a high of N14.60 and a low of N13.85 amid significant trading volume as shareholders head to the annual general meeting on May 21, 2026.
At the latest price quote, Champion Breweries’ share is trading at 35.55% below its 52-week high in the local bourse. Hence, the market value of the brewer’s 11.323 billion outstanding shares printed lower at N156.832 billion, according to details from the Lagos Exchange.
The board of directors of Champion Breweries proposed an annual dividend for 2025 following the company’s robust performance.
Champion Breweries’ profit performance surged 119% year on year in 2025 to N1.789 billion from N816.995 million in the equivalent period in 2024. The company strengthened its bottom line as revenue increased by 45% N29.797 billion.
Last week, Champion Breweries shareholders approved a dividend of ₦0.07k per share declared for the financial year ended 31 December 2025, an increase from 6kobo paid in 2024.
The company’s largest single interest is held by Enjoycorp Nigeria Limited (80.2%), with Akwa Ibom Investment Corporation (10.1%) exercising significant influence. Other shareholders control 9.7%.
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