Safacam, the Cameroon-based subsidiary of Luxembourg’s Socfin group, plans to pay a gross dividend of CFA2,200 per share for the 2025 financial year, subject to approval at its annual general meeting scheduled for May 29, 2026. The total payout would reach CFA2.73 billion, up from CFA1,780 per share distributed a year earlier.
The increase in shareholder returns comes as the company reported net profit of CFA3.22 billion, up 16% year over year. Actual payouts will vary depending on investors’ tax status. After withholding tax, the net dividend is estimated at CFA1,958 for shares listed on the BVMAC, CFA1,837 for investors based in Cameroon and outside France, and CFA1,870 for those residing in France.
Operationally, Safacam faced mixed conditions in 2025. In its rubber segment, an 11% increase in selling prices was not enough to offset a 26% drop in volumes, resulting in an 18% decline in revenue. In contrast, the palm segment posted a 4% rise in revenue, supported by a 29% increase in palm kernel oil prices, despite lower production.
The group benefited from favorable trends in international commodity prices, which helped preserve margins even as overall activity remained under pressure.
The proposed dividend reflects a cautious distribution strategy. Out of CFA14.6 billion in distributable earnings, Safacam plans to return CFA2.73 billion to shareholders while retaining more than CFA11 billion as carried-forward earnings, signaling an effort to maintain financial stability.
On the Central African Stock Exchange (BVMAC), Safacam’s stock has recently attracted renewed investor interest. On April 22, 2026, the share price rose 10%, closing at CFA33,000.
Amina Malloum
