SOCAPALM Begins CFAF 1.8 Billion Dividend Payout to Shareholders

The Central African Stock Exchange (BVMAC) has officially announced the commencement of SOCAPALM’s annual dividend payout for the 2025 financial year. Following official notice No. 049/2026/BVMAC/DG issued on July 10, 2026, the agribusiness giant will inject CFAF 1.829 billion into the CEMAC region’s stock market ecosystem, setting a gross dividend of CFAF 2,325 per share.

The stock began trading ex-dividend on July 15 ahead of the July 20 payment date. The actual net amount received per share varies based on the shareholder’s tax status:
Listed Shares: CFAF 2,069.25, French Residents: CFAF 1,978.25, Cameroonian & Foreign Residents (excl. France): CFAF 1,941.38 and Preferential Tax Jurisdictions: CFAF 1,557.75

This accelerated timeline follows Socapalm’s Ordinary General Assembly held on May 29, 2026, in Douala. During the meeting, shareholders successfully negotiated an advanced payment date of July 31 overturning the September 30 date initially proposed by the Board of Directors before BVMAC further expedited the schedule.

SOCAPALM closed the 2025 financial year with a net profit of CFAF 10.638 billion, reflecting a 2.2% year-on-year increase.

This steady performance was achieved despite headwinds including volatile global palm oil prices, erratic rainfall, and late-season yield drops. Operational highlights include:
Fruit Bunch Production: Reached 335,000 tonnes (+7.4% year-on-year), bolstered by 1,200 hectares replanted between 2020 and 2022 entering production.Industrial Extraction: Maintained a stable 21.8% rate, yielding 73,030 tonnes of crude palm oil and 16,750 tonnes of palm kernels.Fiscal Discipline: Operating expenses rose by a modest 1.8%, while capital expenditure (CapEx) was maintained at CFAF 4.3 billion.Equity Position: Stood strong at CFAF 54.967 billion, backed by a share capital of CFAF 45.757 billion and a regulatory-capped legal reserve of CFAF 9.151 billion.

The resolution comes as a welcome relief to the market. Prior to the General assembly, initial proposals for a reduced dividend had triggered a 9.09% drop in Socapalm’s stock price on the BVMAC, temporarily erasing nearly CFAF 23 billion in market capitalization.
“We are emerging from a demanding yet calm meeting,” stated Abdoulaye Hayatou, State Representative on the Board of Directors. All twelve proposed resolutions including profit allocation and dividend distribution were adopted unanimously.

Commenting on the payout, economist and Socapalm shareholder Jean Marie Biada emphasized the importance of transparency and regulatory compliance:
“The dividend payout is a great relief long awaited by co-owners. Because our shareholder base extends beyond Cameroon, utilizing community platforms like the BVMAC is not just good governance it is a regulatory mandate. It ensures equitable access to information alongside traditional media and digital channels.”

As Cameroon’s leading agro-industrial employer, Socapalm’s footprint extends beyond financial returns. The company employs nearly 4,200 permanent staff and over 8,000 seasonal workers during peak harvest periods.

Additionally, Socapalm reinvested nearly CFAF 1 billion into local community projects over the past year. Key corporate social responsibility (CSR) initiatives included:
Drilling potable water wells and rehabilitating rural roads, Renovating local schools and Providing essential medical equipment to regional health centers.

By VisionaryReports

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