Custodian Investment Shareholders Approve N2.75 Total Dividend at 31st AGM

Custodian Investment Plc shareholders have approved a total dividend payout of N2.75 per ordinary share for the 2025 financial year following resolutions passed at the company’s 31st Annual General Meeting held virtually on May 8, 2026.

The resolutions were disclosed in a statement issued on May 11, 2026.

According to the company, shareholders approved a final dividend of N2.50 per 50 Kobo ordinary share payable to investors whose names appeared in the register of members at the close of business on April 13, 2026.

The approved final dividend brings the total dividend for the 2025 financial year to N2.75 per share after an interim dividend of 25 Kobo earlier paid by the company.

Shareholders also received and adopted the audited financial statements for the year ended December 31, 2025, alongside the reports of the directors, auditors, independent consultants on board performance evaluation and the audit committee.

At the meeting, shareholders re-elected Mrs. Mimi Ade-Odiachi, Mr. Olakunle Ade-Ojo and Mrs. Binta Max-Gbinije as directors of the company following their retirement by rotation.

The company also secured shareholder approval for the appointments of Dr. Tunde Sodade as an Independent Non-Executive Director and Mr. Folasope Aiyesimoju as a Non-Executive Director in line with the provisions of the Companies and Allied Matters Act 2020 and the company’s Articles of Association.

Shareholders further authorized the board to determine the remuneration of the company’s external auditors for the 2026 financial year.

For the statutory audit committee, shareholders elected Olaniyi Dada, Chief Margaret Giwa and Group Captain Bola Sotubo (Rtd.) as shareholder representatives, while Dr. Tunde Sodade and Ravi Sharma will serve as board representatives on the committee.

The company also disclosed the remuneration of its managers to shareholders during the meeting.

Under special business, shareholders approved the remuneration of non-executive directors for the financial year ending December 31, 2026.