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Nigeria Dividend Stocks: Corporate Yield & Distribution Data

92 NGX companies are listed here, 91 of them with a full dividend history (1,019 recorded payments since 2000). The average estimated yield is 2.17%; the highest are United Bank for Africa PLC (19.32%), Guaranty Trust Holding Company PLC (9.67%), UH Real Estate Investment Trust (7.93%). Next ex-dividend dates: STANBIC on 16 October 2026; ZENITHBANK on 26 October 2026.

92companies listed
91with full history
1,019payments recorded
2.17%average est. yield

Next dividends

Full calendar
16Oct
4.5 NGN2.45% yield
26Oct
Zenith Bank PLCZENITHBANK · NGX
1.5 NGN6.46% yield
Yield is estimated over the last 12 months. Click the star to follow a company.

All NGX dividend stocks

Watchlist
United Bank for Africa PLCUBA · Banking - Financial Services19.32%8.75 NGN0+27.4%
Guaranty Trust Holding Company PLCGTCO · Banking - Financial Services9.67%1 NGN3+23.5%
UH Real Estate Investment TrustUHOMREIT · REIT7.93%5.55 NGN5+23.6%
Zenith Bank PLCZENITHBANK · Banking - Financial Services6.46%8.75 NGN5+13.4%
HBM Nigeria PLCHBMNG · Industrial6.20%16 NGN1+39.1%
International Breweries PLCINTBREW · Consumer5.24%0.5 NGN0–
NEM Insurance PLCNEM · Insurance5.17%1.5 NGN9+46.1%
Seplat Energy PLCSEPLAT · Energy4.40%0.07 USD1+18.7%
Cornerstone Insurance PLCCORNERST · Insurance4.31%0.28 NGN3–
Nigerian Aviation Handling Company PLCNAHCO · Transport4.21%6.25 NGN4+81.7%
NPF Microfinance Bank PLCNPFMCRFBK · Banking - Financial Services4.08%0.2 NGN3-5.6%
Wema Bank PLCWEMABANK · Banking - Financial Services4.03%1.25 NGN6+90.4%
United Capital PLCUCAP · Banking - Financial Services3.89%0.7 NGN0+9.9%
Dangote Cement PLCDANGCEM · Industrial3.81%45 NGN0+13.4%
Transnational Corporation PLCTRANSCORP · Industrial3.56%1.6 NGN3+151.2%
CWG PLCCWG · Technology3.50%0.7 NGN2–
Africa Prudential PLCAFRIPRUD · Banking - Financial Services3.42%0.4 NGN2+0.0%
PZ Cussons Nigeria PLCPZ · Consumer3.38%2.5 NGN0–
Infinity Trust Mortgage Bank PLCINFINITY · Banking - Financial Services3.11%0.35 NGN4+39.3%
UPDC Real Estate Investment TrustUPDCREIT · Construction - Real Estate3.10%0.33 NGN3–
Custodian Investment PLCCUSTODIAN · Banking - Financial Services3.08%2.5 NGN3+24.6%
BUA Foods PLCBUAFOODS · Consumer2.98%28 NGN3–
AIICO Insurance PLCAIICO · Insurance2.96%0.12 NGN4–
FCMB Group PLCFCMB · Banking - Financial Services2.94%0.35 NGN4-8.8%
Nascon Allied Industries PLCNASCON · Consumer2.74%6 NGN1+38.0%
BUA Cement PLCBUACEMENT · Industrial2.65%10 NGN1+3.2%
MTN Nigeria Communications PLCMTNN · Telecom2.62%15 NGN0-10.0%
Nigerian Exchange Group PLCNGXGROUP · Banking - Financial Services2.50%2 NGN2–
Stanbic IBTC Holdings PLCSTANBIC · Banking - Financial Services2.45%4 NGN2+18.0%
Consolidated Hallmark Holdings PLCCONHALLPLC · Banking - Financial Services2.40%0.15 NGN3–
Airtel Africa PLCAIRTELAFRI · Telecom2.40%0.0426 USD4+8.4%
VFD Group PLCVFDGROUP · Banking - Financial Services2.38%0.25 NGN1-21.7%
Unilever Nigeria PLCUNILEVER · Consumer2.32%3.25 NGN2–
CAP PLCCAP · Industrial2.29%4 NGN1–
Ecobank Transnational IncorporatedETI · Banking - Financial Services2.29%0.0016 USD0–
Red Star Express PLCREDSTAREX · Transport2.25%0.45 NGN3+0.0%
The Initiates PLCTIP · Waste management2.12%0.2 NGN2–
Lafarge Africa PLCWAPCO · Industrial1.82%6 NGN1+39.1%
Eterna PLCETERNA · Energy1.80%0.5 NGN0–
Conoil PLCCONOIL · Energy1.67%3.5 NGN0+11.8%
Transcorp Power PLCTRANSPOWER · Energy1.63%4 NGN1–
Okomu Oil Palm PLCOKOMUOIL · Agriculture1.59%15 NGN2+101.2%
Vitafoam Nigeria PLCVITAFOAM · Consumer1.59%3 NGN0+20.1%
Abbey Bank PLCABBEYBANK · Banking - Financial Services1.50%0.12 NGN1–
Fidson Healthcare PLCFIDSON · Healthcare1.49%1.5 NGN5+46.1%
Industrial and Medical Gases Nigeria PLCIMG · Industrial1.47%0.5 NGN3+21.7%
Julius Berger Nigeria PLCJBERGER · Construction - Real Estate1.37%4.25 NGN2+3.4%
Presco PLCPRESCO · Agriculture1.30%30 NGN5+104.8%
Beta Glass PLCBETAGLAS · Industrial1.28%7.2 NGN4+12.1%
May & Baker Nigeria PLCMAYBAKER · Healthcare1.25%0.5 NGN1+9.9%
Jaiz Bank PLCJAIZBANK · Banking - Financial Services1.22%0.11 NGN1+18.5%
Honeywell Flour Mills PLCHONYFLOUR · Consumer1.20%0.2 NGN0–
Berger Paints Nigeria PLCBERGER · Industrial1.12%1.25 NGN3+41.1%
ABC Transport PLCABCTRANS · Transport0.85%0.06 NGN0–
Ikeja Hotel PLCIKEJAHOTEL · Consumer Services0.81%0.3 NGN1+3.7%
Geregu Power PLCGEREGU · Energy0.80%9 NGN1–
Zichis Agro Allied Industries PLCZICHIS · Agriculture0.79%0.2 NGN0–
Skyway Aviation Handling Company PLCSKYAVN · Transport0.77%1.2 NGN2+29.5%
eTranzact International PLCETRANZACT · Banking - Financial Services0.76%0.125 NGN0–
Chams Holding Company PLCCHAMS · Technology0.71%0.03 NGN0–
Aradel Holdings PLCARADEL · Energy0.56%10 NGN1+35.5%
UAC of Nigeria PLCUACN · Consumer0.55%1 NGN0+17.1%
Guinness Nigeria PLCGUINNESS · Consumer0.55%2 NGN0–
Transcorp Hotels PLCTRANSCOHOT · Consumer Services0.54%1.2 NGN4-21.6%
Champion Breweries PLCCHAMPION · Consumer0.51%0.07 NGN0–
MeCure Industries PLCMECURE · Healthcare0.34%0.32 NGN0–
UPDC PLCUPDC · Construction - Real Estate0.28%0.01 NGN0–
AXA Mansard Insurance PLCMANSARD · Insurance0.00%0.45 NGN1–
C&I Leasing PLCCILEASING · Transport0.00%0.1 NGN2–
Cadbury Nigeria PLCCADBURY · Consumer0.00%0.4 NGN0–
Caverton Offshore Support Group PLCCAVERTON · Transport0.00%0.1 NGN0–
Coronation Insurance PLCWAPIC · Insurance0.00%0.03 NGN0–
Cutix PLCCUTIX · Industrial0.00%0.1 NGN0-4.4%
Dangote Sugar Refinery PLCDANGSUGAR · Agriculture0.00%1.5 NGN0–
LASACO Assurance PLCLASACO · Insurance0.00%0.15 NGN0–
Linkage Assurance PLCLINKASSURE · Insurance0.00%0.05 NGN0–
LivingTrust Mortgage Bank PLCLIVINGTRUST · Banking - Financial Services0.00%0.08 NGN2–
Mutual Benefits Assurance PLCMBENEFIT · Insurance0.00%0.02 NGN0–
Neimeth International Pharmaceuticals PLCNEIMETH · Healthcare0.00%0.07 NGN0–
Northern Nigeria Flour Mills PLCNNFM · Consumer0.00%0.25 NGN0+10.8%
Prestige Assurance PLCPRESTIGE · Insurance0.00%0.02 NGN0–
Sovereign Trust Insurance PLCSOVRENINS · Insurance0.00%0.05 NGN1–
Sterling Financial Holdings Company PLCSTERLINGNG · Banking - Financial Services0.00%0.18 NGN1–
Sunu Assurances Nigeria PLCSUNUASSUR · Insurance0.00%0.1 NGN2–
TotalEnergies Marketing Nigeria PLCTOTAL · Energy0.00%40 NGN2+42.9%
Access Holdings PLCACCESSCORP · Banking - Financial Services–2.05 NGN0+25.8%
Fidelity Bank PLCFIDELITYBK · Banking - Financial Services–1.25 NGN0+44.3%
First HoldCo PLCFIRSTHOLDCO · Banking - Financial Services––1+9.6%
Japaul Gold & Ventures PLCJAPAULGOLD · Mining–0.04 NGN0–
Nestlé Nigeria PLCNESTLE · Consumer–36.5 NGN0-5.1%
Nigerian Breweries PLCNB · Consumer–1.03 NGN0-22.7%
Abbey Mortgage Bank PLCABBEYBDS––––
Estimated yield: dividends with an ex-date in the last 12 months divided by the share price. Companies without a table yet are being added.
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High yield in Nigeria→NGX dividend calendar 2026→How to invest in Nigeria→Screen all African dividend stocks→

About Nigeria dividend stocks

The ultimate Nigeria stock directory for income investors on the Nigerian Stock Exchange (NGX). Access human-verified data, track the highest-yielding corporate assets, filter by strategic sectors, and optimize your passive income portfolio with institutional-grade accuracy.

Nigeria dividend stocks: questions

How many dividend stocks are tracked on the NGX?

AfricanDividends lists 92 Nigeria companies, 91 with a recorded dividend history going back to 2000.

Which Nigeria stock has the highest dividend yield?

Based on dividends with an ex-date in the last 12 months, the highest estimated yield is United Bank for Africa PLC (UBA) at 19.32%. Yields move with the share price, and a very high yield can reflect a one-off payment. See the full ranking on the high yield page.

When are the next NGX ex-dividend dates?

The next recorded ex-dividend dates are Stanbic IBTC Holdings PLC on 16 October 2026; Zenith Bank PLC on 26 October 2026. The full list is on the NGX dividend calendar.

How is the estimated yield calculated?

It is the sum of dividends with an ex-date in the last 12 months divided by the share price in our dataset. Prices are updated manually, so treat the figure as an estimate for comparing companies.

Where does the data come from?

Dividend amounts, ex-dates and payment dates are entered manually from company and exchange announcements. See the methodology page for details.

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