Cote d’Ivoire: Nestle Cote d’Ivoire Cuts Dividend in Half Despite Profit Growth

Nestle Cote d’Ivoire (BRVM: NTLC) grew revenue 6% to 233.3 billion FCFA ($416.9m) in 2025 and nudged net profit up to 18.4 billion FCFA ($32.9m), but handed shareholders roughly half what they received the year before — a surprise move from a company known for generous payouts.

The board proposed a gross dividend of 9.3 billion FCFA ($16.6m), down from 18.1 billion FCFA ($32.4m) for 2024, with the remainder carried forward as retained earnings. The cut came despite stable profitability,…