Best Dividend Stocks Nigeria
83 stocks matched · Updated daily after market close
This screen highlights the best dividend-paying stocks on the Nigerian Exchange by focusing on both yield and sustainability. A high dividend yield alone is not enough — it must be supported by positive earnings and a reasonable valuation. This list filters for companies that generate real profits and return cash to shareholders, making it a strong starting point for income-focused investors.
Best Dividend Stocks Nigeria — 83 Stocks
Sorted by signal strength| Company | Sector | Price (₦) | % Change | Volume | Mkt Cap | P/E | EPS (₦) | Div Yield |
|---|---|---|---|---|---|---|---|---|
|
GUARANTY TRUST HOLDING COMPANY PLC
GTCO |
FINANCIAL SERVICES | ₦136.0000 | -0.7300% | 27,666,758 | — | 5.8200 | 23.5500 | 9.3100% |
|
ZENITH BANK PLC
ZENITHBANK |
FINANCIAL SERVICES | ₦128.8500 | -1.7200% | 32,935,528 | 5,421,217,560,132 | 5.1700 | 25.3700 | 7.6300% |
|
SFS REAL ESTATE INVESTMENT TRUST
SFSREIT |
CONSTRUCTION/REAL ESTATE | ₦418.7500 | +0.0000% | 10,733 | — | 12.5600 | 33.3500 | 6.7600% |
|
ACCESS HOLDINGS PLC
ACCESSCORP |
FINANCIAL SERVICES | ₦24.0000 | -0.2100% | 130,257,627 | — | 1.7100 | 14.0900 | 6.5500% |
|
FIDELITY BANK PLC
FIDELITYBK |
FINANCIAL SERVICES | ₦20.2500 | -4.4800% | 8,573,448 | — | 2.9700 | 6.9500 | 6.4100% |
|
UH REAL ESTATE INVESTMENT TRUST
UHOMREIT |
CONSTRUCTION/REAL ESTATE | ₦84.7000 | +0.0000% | 40,229 | 21,176,675,451 | 0.8700 | 97.3700 | 5.9600% |
|
UNITED CAPITAL PLC
UCAP |
FINANCIAL SERVICES | ₦19.0000 | +1.8800% | 8,606,853 | 335,700,000,000 | 10.5000 | 1.7800 | 5.3600% |
|
UPDC REAL ESTATE INVESTMENT TRUST
UPDCREIT |
CONSTRUCTION/REAL ESTATE | ₦10.7000 | -1.3800% | 1,464,114 | — | 6.4200 | 1.6900 | 5.0700% |
|
CONSOLIDATED HALLMARK HOLDINGS PLC
CONHALLPLC |
FINANCIAL SERVICES | ₦6.8700 | +9.9200% | 5,636,779 | 61,896,400,000 | 8.0200 | 0.7800 | 4.8000% |
|
FCMB GROUP PLC.
FCMB |
FINANCIAL SERVICES | ₦11.5000 | -1.7100% | 5,706,965 | — | 2.9100 | 3.9600 | 4.7000% |
|
CORNERSTONE INSURANCE PLC
CORNERST |
FINANCIAL SERVICES | ₦5.8000 | -1.6900% | 2,219,165 | — | 12.8700 | 0.4600 | 4.5800% |
|
NEM INSURANCE PLC
NEM |
FINANCIAL SERVICES | ₦32.9000 | +0.0000% | 569,380 | 151,497,628,563 | 10.9600 | 3.0000 | 4.5600% |
|
TRANSNATIONAL CORPORATION PLC
TRANSCORP |
CONGLOMERATES | ₦46.0000 | +0.0000% | 1,787,137 | 485,235,384,159 | 5.3000 | 8.6800 | 4.3500% |
|
STANBIC IBTC HOLDINGS PLC
STANBIC |
FINANCIAL SERVICES | ₦169.3500 | +0.0000% | 575,298 | — | 6.8900 | 24.5900 | 3.8400% |
|
DANGOTE CEMENT PLC
DANGCEM |
INDUSTRIAL GOODS | ₦1180.0000 | +0.0000% | 950,642 | — | 17.6900 | 66.7100 | 3.8100% |
|
AFRICA PRUDENTIAL PLC
AFRIPRUD |
FINANCIAL SERVICES | ₦13.0000 | -2.6200% | 2,318,551 | — | 19.3900 | 0.6900 | 3.7500% |
|
WEMA BANK PLC.
WEMABANK |
FINANCIAL SERVICES | ₦33.0000 | -1.4900% | 3,030,672 | — | 4.6300 | 7.1300 | 3.7300% |
|
MTN NIGERIA COMMUNICATIONS PLC
MTNN |
ICT | ₦820.0000 | +0.0000% | 3,794,595 | — | 12.8800 | 63.6500 | 3.6600% |
|
LAFARGE AFRICA PLC.
WAPCO |
INDUSTRIAL GOODS | ₦342.0000 | +0.0000% | 2,023,487 | — | 17.0900 | 20.0200 | 3.5100% |
|
NPF MICROFINANCE BANK PLC
NPFMCRFBK |
FINANCIAL SERVICES | ₦5.7400 | +0.0000% | 988,259 | 34,399,559,157 | 11.6100 | 0.4900 | 3.4800% |
|
AXAMANSARD INSURANCE PLC
MANSARD |
FINANCIAL SERVICES | ₦13.5000 | +0.0000% | 662,355 | 122,850,000,000 | 1235.5000 | 0.0100 | 3.3300% |
|
CUTIX PLC.
CUTIX |
INDUSTRIAL GOODS | ₦3.0000 | -3.2300% | 20,221,371 | 21,981,298,884 | 97.6500 | 0.0300 | 3.2300% |
|
CADBURY NIGERIA PLC.
CADBURY |
CONSUMER GOODS | ₦69.0000 | +0.0000% | 334,833 | — | 23.7100 | 2.9100 | 3.2000% |
|
OKOMU OIL PALM PLC.
OKOMUOIL |
AGRICULTURE | ₦1750.0000 | +0.0000% | 151,321 | — | 27.9100 | 62.7000 | 3.1400% |
|
CWG PLC
CWG |
ICT | ₦24.0000 | +0.0000% | 1,062,091 | 60,595,832,616 | 12.1000 | 1.9800 | 2.9200% |
|
BUA FOODS PLC
BUAFOODS |
CONSUMER GOODS | ₦967.0000 | +0.0000% | 255,310 | 17,406,000,000,000 | 32.5100 | 29.7500 | 2.9000% |
|
NIGERIAN AVIATION HANDLING COMPANY PLC
NAHCO |
SERVICES | ₦189.5000 | +0.0000% | 621,427 | 429,907,500,000 | 23.8000 | 7.9600 | 2.8900% |
|
AIRTEL AFRICA PLC
AIRTELAFRI |
ICT | ₦3655.7000 | +0.0000% | 8 | — | 25.2800 | 257.6200 | 2.8000% |
|
NASCON ALLIED INDUSTRIES PLC
NASCON |
CONSUMER GOODS | ₦219.5000 | -0.2300% | 1,536,683 | — | 16.5900 | 13.2600 | 2.7300% |
|
CUSTODIAN INVESTMENT PLC
CUSTODIAN |
CONGLOMERATES | ₦83.0000 | +0.0000% | 286,283 | 488,194,728,185 | 6.9000 | 12.0300 | 2.7100% |
|
SEPLAT ENERGY PLC
SEPLAT |
OIL AND GAS | ₦11486.2000 | +0.0000% | 348,369 | — | 25.7600 | 403.6100 | 2.5500% |
|
UNIVERSITY PRESS PLC.
UPL |
SERVICES | ₦6.1500 | +0.0000% | 669,306 | 2,631,597,974 | 13.6700 | 0.4500 | 2.4400% |
|
LEARN AFRICA PLC
LEARNAFRCA |
SERVICES | ₦12.7500 | +0.0000% | 190,199 | 9,835,987,500 | 13.6100 | 0.9400 | 2.4400% |
|
UNILEVER NIGERIA PLC.
UNILEVER |
CONSUMER GOODS | ₦156.0000 | +0.0000% | 165,918 | — | 26.6800 | 5.8500 | 2.4000% |
|
BUA CEMENT PLC
BUACEMENT |
INDUSTRIAL GOODS | ₦378.0000 | -10.0000% | 803,502 | — | 31.5200 | 13.3300 | 2.3800% |
|
VFD GROUP PLC
VFDGROUP |
INVESTMENT | ₦11.0000 | +1.8500% | 6,561,796 | 136,819,702,800 | 12.5900 | 0.8600 | 2.3100% |
|
STERLING FINANCIAL HOLDINGS COMPANY PLC
STERLINGNG |
FINANCIAL SERVICES | ₦7.8500 | -0.6300% | 16,769,773 | — | 5.2000 | 1.5200 | 2.2800% |
|
SUNU ASSURANCES NIGERIA PLC.
SUNUASSUR |
FINANCIAL SERVICES | ₦4.4800 | +1.8200% | 635,544 | — | 24.6700 | 0.1800 | 2.2700% |
|
ECOBANK TRANSNATIONAL INCORPORATED
ETI |
FINANCIAL SERVICES | ₦97.4000 | +0.0000% | 992,697 | 1,768,304,205,360 | 4.1000 | 23.4200 | 2.2500% |
|
TRANSCORP POWER PLC
TRANSPOWER |
UTILITIES | ₦245.5000 | +0.0000% | 76,507 | — | 20.8100 | 11.8000 | 2.2400% |
|
CAP PLC
CAP |
INDUSTRIAL GOODS | ₦179.1000 | +0.0000% | 326,140 | — | 23.6300 | 7.5800 | 2.2300% |
|
SOVEREIGN TRUST INSURANCE PLC
SOVRENINS |
FINANCIAL SERVICES | ₦2.9400 | +6.9100% | 14,267,790 | 35,570,348,708 | 124.5200 | 0.0200 | 2.0000% |
|
LIVINGTRUST MORTGAGE BANK PLC
LIVINGTRUST |
FINANCIAL SERVICES | ₦4.0000 | -0.2500% | 482,265 | — | 19.8200 | 0.2000 | 2.0000% |
|
ABBEY MORTGAGE BANK PLC
ABBEYBDS |
FINANCIAL SERVICES | ₦6.7500 | +6.3000% | 291,158,908 | — | 24.7900 | 0.2500 | 1.8900% |
|
INFINITY TRUST MORTGAGE BANK PLC
INFINITY |
FINANCIAL SERVICES | ₦9.3500 | +0.0000% | 1,370 | 77,987,334,964 | 25.9500 | 0.3600 | 1.8700% |
|
CONOIL PLC
CONOIL |
OIL AND GAS | ₦194.0000 | +0.0000% | 62,823 | — | 67.0000 | 2.9000 | 1.8000% |
|
C & I LEASING PLC.
CILEASING |
SERVICES | ₦6.3500 | +4.1000% | 1,792,446 | — | 7.2300 | 0.8400 | 1.6400% |
|
MEYER PLC.
MEYER |
INDUSTRIAL GOODS | ₦20.6000 | +0.0000% | 80,102 | 10,253,187,798 | 16.8700 | 1.1100 | 1.6100% |
|
AIICO INSURANCE PLC.
AIICO |
FINANCIAL SERVICES | ₦4.6000 | +2.2200% | 19,862,970 | 170,214,533,460 | 9.0600 | 0.5000 | 1.5600% |
|
ARADEL HOLDINGS PLC
ARADEL |
OIL AND GAS | ₦1933.8000 | +0.0000% | 3,533,287 | — | 21.1100 | 91.5900 | 1.5500% |
|
NIGERIAN EXCHANGE GROUP
NGXGROUP |
FINANCIAL SERVICES | ₦149.5000 | +0.0000% | 1,731,398 | 391,513,772,988 | 35.2700 | 4.2400 | 1.5100% |
|
ETERNA PLC.
ETERNA |
OIL AND GAS | ₦34.4500 | -4.2100% | 807,697 | — | 11.9100 | 2.7700 | 1.4500% |
|
FIRST HOLDCO PLC
FIRSTHOLDCO |
FINANCIAL SERVICES | ₦67.0000 | -4.2900% | 17,325,437 | 3,000,624,286,478 | 12.7700 | 5.2200 | 1.4300% |
|
ACADEMY PRESS PLC.
ACADEMY |
SERVICES | ₦9.1500 | +0.0000% | 373,985 | — | 83.1800 | 0.1100 | 1.3700% |
|
JULIUS BERGER NIG. PLC.
JBERGER |
CONSTRUCTION/REAL ESTATE | ₦310.8000 | +0.0000% | 141,997 | 504,000,000,000 | 17.5300 | 17.9700 | 1.3500% |
|
INDUSTRIAL & MEDICAL GASES NIGERIA PLC
IMG |
NATURAL RESOURCES | ₦38.1000 | +0.0000% | 55,294 | 25,950,476,166 | 23.1300 | 1.6500 | 1.3100% |
|
VITAFOAM NIG PLC.
VITAFOAM |
CONSUMER GOODS | ₦194.0000 | +0.0000% | 396,283 | 291,196,498,138 | 16.5700 | 11.7100 | 1.2900% |
|
PRESCO PLC
PRESCO |
AGRICULTURE | ₦2300.0000 | +0.0000% | 72,525 | — | 19.5800 | 117.4500 | 1.2700% |
|
BETA GLASS PLC.
BETAGLAS |
INDUSTRIAL GOODS | ₦570.0000 | +0.0000% | 92,285 | — | 11.0000 | 51.8300 | 1.2600% |
|
JAIZ BANK PLC
JAIZBANK |
FINANCIAL SERVICES | ₦8.9700 | -1.4300% | 8,369,742 | — | 13.1000 | 0.7000 | 1.2100% |
|
BERGER PAINTS PLC
BERGER |
INDUSTRIAL GOODS | ₦147.6000 | +0.0000% | 89,140 | 42,777,940,777 | 24.9000 | 5.9300 | 1.1200% |
|
FIDSON HEALTHCARE PLC
FIDSON |
HEALTHCARE | ₦136.5000 | +0.0000% | 512,198 | 327,600,000,000 | 29.6100 | 4.6100 | 1.1000% |
|
JAPAUL GOLD & VENTURES PLC
JAPAULGOLD |
OIL AND GAS | ₦3.7000 | -1.3300% | 14,250,213 | 53,913,012,486 | 48.0400 | 0.0800 | 1.0700% |
|
RED STAR EXPRESS PLC
REDSTAREX |
SERVICES | ₦30.7000 | -9.7100% | 4,297,134 | 32,450,393,050 | 37.0500 | 0.9200 | 1.0300% |
|
GUINNESS NIG PLC
GUINNESS |
CONSUMER GOODS | ₦402.6000 | +0.0000% | 7,078,549 | — | 28.6200 | 14.0600 | 0.9900% |
|
IKEJA HOTEL PLC
IKEJAHOTEL |
SERVICES | ₦43.7000 | +8.7100% | 865,429 | — | 6.1200 | 6.5700 | 0.9700% |
|
MAY & BAKER NIGERIA PLC.
MAYBAKER |
HEALTHCARE | ₦50.0000 | +7.0700% | 1,304,295 | 80,568,469,176 | 18.8900 | 2.6500 | 0.8600% |
|
GEREGU POWER PLC
GEREGU |
UTILITIES | ₦1132.5000 | +0.0000% | 3,114 | — | 149.6200 | 7.5700 | 0.7900% |
|
SKYWAY AVIATION HANDLING COMPANY PLC
SKYAVN |
SERVICES | ₦156.9500 | +0.0000% | 29,885 | 212,444,381,000 | 25.0400 | 6.2700 | 0.7600% |
|
ASSOCIATED BUS COMPANY PLC
ABCTRANS |
SERVICES | ₦7.6400 | -7.3900% | 1,207,864 | — | 20.4400 | 0.4100 | 0.7300% |
|
CHAMS HOLDING COMPANY PLC
CHAMS |
ICT | ₦4.1500 | +1.2200% | 38,244,612 | — | 56.8900 | 0.0700 | 0.7300% |
|
E-TRANZACT INTERNATIONAL PLC
ETRANZACT |
ICT | ₦18.0000 | +0.0000% | 651,074 | 165,599,996,688 | 70.5800 | 0.2600 | 0.6900% |
|
N NIG. FLOUR MILLS PLC.
NNFM |
CONSUMER GOODS | ₦79.4000 | +0.0000% | 16,815 | 14,149,080,000 | 552.6100 | 0.1400 | 0.6300% |
|
TRANSCORP HOTELS PLC
TRANSCOHOT |
SERVICES | ₦223.3000 | +0.0000% | 230,013 | 2,287,156,594,176 | 101.7200 | 2.2000 | 0.5800% |
|
UNITED BANK FOR AFRICA PLC
UBA |
FINANCIAL SERVICES | ₦44.3000 | -0.4500% | 76,403,382 | 1,951,261,139,716 | 5.5800 | 7.9700 | 0.5600% |
|
U A C N PLC.
UACN |
CONGLOMERATES | ₦183.0000 | +0.0000% | 501,833 | 535,482,092,865 | 25.9700 | 7.0500 | 0.5500% |
|
CHAMPION BREW. PLC.
CHAMPION |
CONSUMER GOODS | ₦13.0500 | +0.0000% | 891,503 | — | 100.5500 | 0.1300 | 0.5400% |
|
MUTUAL BENEFITS ASSURANCE PLC.
MBENEFIT |
FINANCIAL SERVICES | ₦4.2900 | -2.2800% | 12,670,840 | — | 4.4900 | 0.9800 | 0.4600% |
|
MCNICHOLS PLC
MCNICHOLS |
CONSUMER GOODS | ₦8.6000 | -1.1500% | 5,215,833 | — | 23.3000 | 0.3700 | 0.4600% |
|
MULTIVERSE MINING AND EXPLORATION PLC
MULTIVERSE |
NATURAL RESOURCES | ₦25.6500 | +0.0000% | 16,528 | 10,931,872,714 | 17.7000 | 1.4500 | 0.3900% |
|
THE INITIATES PLC
TIP |
SERVICES | ₦31.2000 | +9.8600% | 61,275,571 | — | 6.4000 | 4.7200 | 0.3500% |
|
MECURE INDUSTRIES PLC
MECURE |
HEALTHCARE | ₦94.9000 | +0.0000% | 58,698 | 379,600,000,000 | 52.4700 | 1.8100 | 0.3400% |
|
UPDC PLC
UPDC |
CONSTRUCTION/REAL ESTATE | ₦4.2000 | -4.5500% | 998,800 | — | 87.1300 | 0.0500 | 0.2300% |
Frequently Asked Questions
What makes a dividend stock 'good' on the NGX?
A good dividend stock combines a strong yield with sustainable earnings. Look for companies with positive EPS, stable cash flow, and a history of consistent payouts. Extremely high yields may signal risk.
Should I focus only on dividend yield?
No. Yield alone can be misleading if the stock price has fallen sharply. Always check earnings (EPS), P/E ratio, and business stability before investing.