{"id":233031,"date":"2026-05-12T16:02:45","date_gmt":"2026-05-12T14:02:45","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-nestle-cote-divoire-cuts-dividend-in-half-despite-profit-growth\/"},"modified":"2026-05-12T16:02:45","modified_gmt":"2026-05-12T14:02:45","slug":"cote-divoire-nestle-cote-divoire-cuts-dividend-in-half-despite-profit-growth","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-nestle-cote-divoire-cuts-dividend-in-half-despite-profit-growth\/","title":{"rendered":"Cote d&#8217;Ivoire: Nestle Cote d&#8217;Ivoire Cuts Dividend in Half Despite Profit Growth"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"47\">Nestle Cote d&#8217;Ivoire (<a href=\"https:\/\/dabafinance.com\/en\/capitalmarkets\/NTLC\" target=\"_blank\" rel=\"noopener\">BRVM: NTLC<\/a>) 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 &#8212; a surprise move from a company known for generous payouts.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"65\">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,&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202605110971.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Ivory Coast\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/ivory-coast\/\">C\u00f4te d\u2019Ivoire (Ivory Coast)<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nestle Cote d&#8217;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 &#8212; a surprise move from a company known for generous payouts. The board proposed a gross dividend of 9.3 [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":233032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[1087],"tags":[258,256,5958,6183,6555,7210,5959,6840,6641,1218,336,257,15693,254],"class_list":["post-233031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ivory-coast","tag-africa","tag-africa-news","tag-cote","tag-cote-divoire","tag-cote-divoire-news","tag-cuts","tag-divoire","tag-growth","tag-ivory-coast-news","tag-nestle","tag-news","tag-profit","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/233031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=233031"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/233031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/233032"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=233031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=233031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=233031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}