Cote d’Ivoire: BRVM-Listed Vivo Energy Ci Plans Xof6b Dividend Payout

Vivo Energy Côte d’Ivoire plans to distribute CFA6.09 billion in dividends for 2025 after reporting higher profit and improved operating performance.

The fuel and lubricants distributor, listed on the BRVM, will ask shareholders to approve a gross dividend of CFA96.67 per share at its annual general meeting on June 24 in Abidjan. After the 12% tax on securities income, the net dividend will be CFA85.07 per share.

Based on the June 3 closing price of CFA2,095, the net dividend represents a yield…