For the financial year 2025, Bank Of Africa (BOA) Ivory Coast, a member of the Moroccan banking group BMCE Bank, will pay its shareholders a total gross dividend of 27.022 billion CFA francs (48.640 million dollars) starting from May 6, 2026, according to a resolution proposed by the Board of Directors at the Ordinary General Meeting of Shareholders scheduled for April 15, 2026.
Based on the 40 million shares that make up the bank’s share capital, the gross dividend per share amounts to 675.55 CFA francs. In accordance with Ivorian tax legislation, a 12% tax on securities income (IRVM) will be deducted from this gross dividend for individuals (resulting in a net dividend per share of 594.49 CFA francs) and 10% for legal entities (resulting in a net dividend per share of 608 CFA francs).
With a price of 8,500 CFA francs at the close of trading on Wednesday, April 1, 2026, on the Regional Stock Exchange (BRVM) where BOA Ivory Coast is listed, the company’s stock has a yield of 6.99% for individuals and 7.15% for legal entities.
As of December 31, 2025, BOA Ivory Coast had a net profit of 35.540 billion CFA francs, compared to 32.044 billion CFA francs as of December 31, 2024, representing a 11% increase.
The total to be distributed of 35.630 billion CFA francs consists of the result for the financial year 2025 and the previous retained earnings of 90 million CFA francs. The bank’s Board of Directors proposes to allocate it to the legal reserve (15% of the profit) for 5.331 billion CFA francs, to the gross dividend 27.022 billion CFA francs, to the optional reserve for 3 billion CFA francs, and to the new retained earnings for 277.734 million CFA francs.
