High Dividend Yield Stocks in Nigeria (NGX)
Estimated yield is the dividends with an ex-date in the last 12 months divided by the share price in our dataset. A very high yield can signal a falling share price or a one-off payment.
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Full calendarTop 25 NGX companies by estimated yield
| # | Company | Est. yield | Latest dividend | Years of growth | Watchlist |
|---|---|---|---|---|---|
| 1 | United Bank for Africa PLCUBA · Banking - Financial Services | 19.32% | 8.75 NGN | 0 | |
| 2 | Guaranty Trust Holding Company PLCGTCO · Banking - Financial Services | 9.67% | 1 NGN | 3 | |
| 3 | UH Real Estate Investment TrustUHOMREIT · REIT | 7.93% | 5.55 NGN | 5 | |
| 4 | Zenith Bank PLCZENITHBANK · Banking - Financial Services | 6.46% | 8.75 NGN | 5 | |
| 5 | HBM Nigeria PLCHBMNG · Industrial | 6.20% | 16 NGN | 1 | |
| 6 | International Breweries PLCINTBREW · Consumer | 5.24% | 0.5 NGN | 0 | |
| 7 | NEM Insurance PLCNEM · Insurance | 5.17% | 1.5 NGN | 9 | |
| 8 | Seplat Energy PLCSEPLAT · Energy | 4.40% | 0.07 USD | 1 | |
| 9 | Cornerstone Insurance PLCCORNERST · Insurance | 4.31% | 0.28 NGN | 3 | |
| 10 | Nigerian Aviation Handling Company PLCNAHCO · Transport | 4.21% | 6.25 NGN | 4 | |
| 11 | NPF Microfinance Bank PLCNPFMCRFBK · Banking - Financial Services | 4.08% | 0.2 NGN | 3 | |
| 12 | Wema Bank PLCWEMABANK · Banking - Financial Services | 4.03% | 1.25 NGN | 6 | |
| 13 | United Capital PLCUCAP · Banking - Financial Services | 3.89% | 0.7 NGN | 0 | |
| 14 | Dangote Cement PLCDANGCEM · Industrial | 3.81% | 45 NGN | 0 | |
| 15 | Transnational Corporation PLCTRANSCORP · Industrial | 3.56% | 1.6 NGN | 3 | |
| 16 | CWG PLCCWG · Technology | 3.50% | 0.7 NGN | 2 | |
| 17 | Africa Prudential PLCAFRIPRUD · Banking - Financial Services | 3.42% | 0.4 NGN | 2 | |
| 18 | PZ Cussons Nigeria PLCPZ · Consumer | 3.38% | 2.5 NGN | 0 | |
| 19 | Infinity Trust Mortgage Bank PLCINFINITY · Banking - Financial Services | 3.11% | 0.35 NGN | 4 | |
| 20 | UPDC Real Estate Investment TrustUPDCREIT · Construction - Real Estate | 3.10% | 0.33 NGN | 3 | |
| 21 | Custodian Investment PLCCUSTODIAN · Banking - Financial Services | 3.08% | 2.5 NGN | 3 | |
| 22 | BUA Foods PLCBUAFOODS · Consumer | 2.98% | 28 NGN | 3 | |
| 23 | AIICO Insurance PLCAIICO · Insurance | 2.96% | 0.12 NGN | 4 | |
| 24 | FCMB Group PLCFCMB · Banking - Financial Services | 2.94% | 0.35 NGN | 4 | |
| 25 | Nascon Allied Industries PLCNASCON · Consumer | 2.74% | 6 NGN | 1 |
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About Nigeria high dividend yield stocks
Welcome to your comprehensive guide for income-focused investing on the Nigerian Exchange (NGX). Explore real-time aggregated data on high dividend-paying companies, track multi-year yields, and analyze historical payouts to optimize your frontier market portfolio.
Nigeria dividend yield: questions
What is dividend yield?
Dividend yield is the dividends paid over a year divided by the share price, shown as a percentage. Here it uses dividends with an ex-date in the last 12 months.
Which Nigeria stock has the highest dividend yield?
United Bank for Africa PLC (UBA) ranks first at 19.32%, followed by Guaranty Trust Holding Company PLC (9.67%), UH Real Estate Investment Trust (7.93%).
Is a high dividend yield a good sign?
Not by itself. A yield can be high because the share price has fallen, or because a one-off special dividend was paid. Check the dividend history on each company page: steady or rising payments over several years say more than one year's yield.
How often is this ranking updated?
The ranking is rebuilt each time dividends or prices are updated in our database. It was last built on 14 October 2026.
Which companies are left out?
Companies with no dividend recorded in the last 12 months, or without a usable share price, do not appear. Companies whose latest record is more than two years old are also excluded.