Dividend bonanza for Omnia shareholders

Diversified chemicals and fertiliser group Omnia boosted its ordinary dividend by 18% after reporting double-digit growth in earnings for the year ended March 2026 on Monday, supported by stronger performances from its agriculture and mining businesses.

The group declared an ordinary dividend of 470 cents per share, up from 400 cents, alongside a special dividend of 280 cents per share, compared with 275 cents previously.

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Headline earnings per share (Heps) jumped 21% to 849 cents from 704 cents previously, with revenue up 6% to R24.2 billion and operating profit surging 28%, to R2.17 billion.

The group’s share price hit a new 52-week high on Monday, following the release of its latest annual results. It shares were over 2% stronger in morning trade.

Omnia share price 

Fourways-headquartered Omnia ended the year in a net cash position of R1.68 billion, from R1.77 billion a year earlier.

Agriculture remained the largest contributor to earnings growth, with revenue increasing 13% to R13.05 billion and operating profit surging 28% ,to R1.25 billion.

Mining revenue grew 8% to R9.82 billion, while its operating profit edged 1% higher to R1.15 billion despite currency volatility in Zambia and costs linked to its international expansion strategy.

The chemicals division continued its restructuring, with revenue sliding 38% to R1.33 billion, as Omnia exited unprofitable product lines. However, operating profit for the unit improved to R4 million from a low base.

Seelan Gobalsamy, Omnia’s Group CEO, said the group was well-positioned to accelerate growth across its core markets, supported by favourable long-term demand trends in agriculture and mining.

The group’s results come amid a rally in its share price, which recently reached a more than seven-year high as investors responded to higher fertiliser and chemical prices linked to tensions in the Middle East.

The stock has gained around 30% for the year to date.