No Dividend Stocks
46 stocks matched · Updated daily after market close
Not every company on the NGX pays dividends. Some retain all earnings to fund expansion, reduce debt, or navigate a turnaround. This screen lists NGX stocks with no current dividend yield. While the absence of a dividend is sometimes a red flag (especially for mature companies), it can also signal an aggressive growth strategy or a company in an investment-heavy phase. Use EPS trends to judge quality here.
No Dividend Stocks — 46 Stocks
Sorted by signal strength| Company | Sector | Price (₦) | % Change | Volume | Mkt Cap | P/E | EPS (₦) |
|---|---|---|---|---|---|---|---|
|
DN TYRE & RUBBER PLC
DUNLOP |
CONSUMER GOODS | ₦0.2000 | +0.0000% | 0 | 954,533,842 | 10.0000 | 0.0200 |
|
GREIF NIGERIA PLC
VANLEER |
INDUSTRIAL GOODS | ₦5.4500 | +0.0000% | 0 | 232,388,000 | 2.3600 | 2.3100 |
|
PRESTIGE ASSURANCE PLC
PRESTIGE |
FINANCIAL SERVICES | ₦1.4000 | +0.0000% | 342,074 | — | 16.2600 | 0.0900 |
|
AVA CAPITAL PLC
AVACAP |
FINANCIAL SERVICES | ₦6.0000 | -0.8300% | 4,268,732 | — | — | — |
|
JOHN HOLT PLC.
JOHNHOLT |
CONGLOMERATES | ₦8.7500 | +0.0000% | 45,736 | — | 3.9900 | 2.1900 |
|
CORONATION INSURANCE PLC
WAPIC |
FINANCIAL SERVICES | ₦2.4000 | -4.0000% | 960,409 | — | 6.6600 | 0.3800 |
|
AUSTIN LAZ & COMPANY PLC
AUSTINLAZ |
INDUSTRIAL GOODS | ₦2.9200 | +9.7700% | 250,595 | — | — | -0.0100 |
|
LASACO ASSURANCE PLC.
LASACO |
FINANCIAL SERVICES | ₦1.8400 | +0.0000% | 762,700 | — | — | -0.1500 |
|
LINKAGE ASSURANCE PLC
LINKASSURE |
FINANCIAL SERVICES | ₦1.6300 | +0.0000% | 11,404,896 | — | 6.7400 | 0.2400 |
|
LIVESTOCK FEEDS PLC.
LIVESTOCK |
AGRICULTURE | ₦18.6000 | +9.7300% | 7,725,354 | — | — | -0.6500 |
|
R. T. BRISCOE (NIGERIA) PLC
RTBRISCOE |
SERVICES | ₦9.2500 | +0.0000% | 207,632 | — | 3.3100 | 2.7900 |
|
GUINEA INSURANCE PLC.
GUINEAINS |
FINANCIAL SERVICES | ₦0.9700 | -3.0000% | 2,074,470 | — | 100.6700 | 0.0100 |
|
DAAR COMMUNICATIONS PLC
DAARCOMM |
SERVICES | ₦1.4700 | -6.3700% | 1,988,461 | — | 66.9600 | 0.0200 |
|
UNIVERSAL INSURANCE PLC
UNIVINSURE |
FINANCIAL SERVICES | ₦0.7700 | +0.0000% | 0 | — | 2.2300 | 0.3400 |
|
ELLAH LAKES PLC.
ELLAHLAKES |
AGRICULTURE | ₦8.0000 | +0.6300% | 2,729,267 | — | — | -0.8300 |
|
VERITAS KAPITAL ASSURANCE PLC
VERITASKAP |
FINANCIAL SERVICES | ₦1.1000 | +1.8500% | 2,228,820 | — | 6.0400 | -0.1300 |
|
OANDO PLC
OANDO |
OIL AND GAS | ₦34.9500 | +1.1600% | 2,044,514 | — | 1.3100 | 26.3300 |
|
REGENCY ALLIANCE INSURANCE PLC
REGALINS |
FINANCIAL SERVICES | ₦0.7800 | +0.0000% | 961,543 | — | 19.6400 | 0.0400 |
|
TANTALIZERS PLC
TANTALIZER |
SERVICES | ₦3.9000 | -2.0100% | 1,773,799 | — | 196.0500 | 0.0200 |
|
ROYAL EXCHANGE PLC.
ROYALEX |
FINANCIAL SERVICES | ₦1.0800 | +3.8500% | 1,614,077 | — | 33.2000 | -0.0700 |
|
PREMIER PAINTS PLC.
PREMPAINTS |
INDUSTRIAL GOODS | ₦30.4000 | +0.0000% | 12,513 | — | 2314.3500 | -0.0400 |
|
UNION DICON SALT PLC.
UNIONDICON |
CONSUMER GOODS | ₦23.7500 | +0.0000% | 10,515 | — | 118.7000 | 0.2000 |
|
NESTLE NIGERIA PLC.
NESTLE |
CONSUMER GOODS | ₦2750.0000 | +0.0000% | 7,821 | — | 18.2900 | 150.3400 |
|
MORISON INDUSTRIES PLC.
MORISON |
HEALTHCARE | ₦10.4000 | +0.0000% | 7,030 | — | 2489.9200 | 0.0000 |
|
BRICLINKS AFRICA PLC
BAPLC |
ICT | ₦6.2500 | +0.0000% | 0 | — | — | — |
|
NIGERIAN BREWERIES PLC
NB |
CONSUMER GOODS | ₦75.0000 | +0.1300% | 2,034,270 | — | 22.4600 | 3.3400 |
|
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC
NEIMETH |
HEALTHCARE | ₦7.8000 | -1.2700% | 1,124,590 | — | 34.4400 | 0.2300 |
|
THOMAS WYATT NIGERIA PLC.
THOMASWY |
NATURAL RESOURCES | ₦2.2000 | -6.3800% | 885,942 | — | 16.4100 | 0.1400 |
|
CAVERTON OFFSHORE SUPPORT GROUP PLC
CAVERTON |
SERVICES | ₦4.1000 | +0.0000% | 544,099 | — | — | -7.2400 |
|
MULTI-TREX INTEGRATED FOODS PLC
MULTITREX |
CONSUMER GOODS | ₦0.5500 | +10.0000% | 125,500 | — | — | -0.1000 |
|
GOLDEN GUINEA BREWERIES PLC
GOLDBREW |
CONSUMER GOODS | ₦7.1000 | +0.0000% | 0 | — | — | -0.1200 |
|
AVA INFRASTRUCTURE FUND
AVAIF |
CONSTRUCTION/REAL ESTATE | ₦1000000.0000 | +0.0000% | 0 | — | — | — |
|
RONCHESS GLOBAL RESOURCES PLC
RONCHESS |
CONSTRUCTION/REAL ESTATE | ₦81.0000 | +0.0000% | 0 | — | — | — |
|
UNITY BANK PLC
UNITYBNK |
FINANCIAL SERVICES | ₦1.5100 | +0.0000% | 0 | — | — | -9.8300 |
|
AFRICAN ALLIANCE INSURANCE PLC
AFRINSURE |
FINANCIAL SERVICES | ₦0.2000 | +0.0000% | 0 | — | 35.6100 | 0.0100 |
|
AFROMEDIA PLC
AFROMEDIA |
SERVICES | ₦0.2400 | +0.0000% | 0 | — | — | — |
|
PHARMA-DEKO PLC.
PHARMDEKO |
HEALTHCARE | ₦1.8300 | +0.0000% | 0 | — | — | -1.3700 |
|
STACO INSURANCE PLC
STACO |
FINANCIAL SERVICES | ₦0.4800 | +0.0000% | 0 | — | — | -0.1500 |
|
JULI PLC.
JULI |
SERVICES | ₦6.5500 | +0.0000% | 460 | — | 45.6500 | 0.1400 |
|
NIGERIAN ENAMELWARE PLC.
ENAMELWA |
CONSUMER GOODS | ₦36.6500 | -9.9500% | 250,200 | — | — | -0.4900 |
|
TRANS-NATIONWIDE EXPRESS PLC.
TRANSEXPR |
SERVICES | ₦2.9700 | +0.0000% | 55,567 | — | — | -0.2300 |
|
TRIPPLE GEE AND COMPANY PLC.
TRIPPLEG |
INDUSTRIAL GOODS | ₦3.0900 | +0.0000% | 53,791 | — | 265.5300 | -0.1000 |
|
EUNISELL INTERLINKED PLC
EUNISELL |
SERVICES | ₦189.0000 | +0.0000% | 7,665 | — | 179.3400 | 1.0500 |
|
OMATEK VENTURES PLC
OMATEK |
ICT | ₦1.5100 | +3.4200% | 777,269 | — | — | -0.0300 |
|
CHELLARAMS PLC.
CHELLARAM |
CONGLOMERATES | ₦9.7000 | +0.0000% | 2,449 | — | 5.2600 | 1.8500 |
|
DANGOTE SUGAR REFINERY PLC
DANGSUGAR |
CONSUMER GOODS | ₦67.1500 | -1.2500% | 1,868,530 | — | 481.5100 | 0.1400 |
Frequently Asked Questions
Why do some NGX companies not pay dividends?
Companies may withhold dividends to fund capital expenditure, repay debt, acquire competitors, or simply because they are not yet profitable. In some cases, regulatory requirements (such as CBN capital adequacy rules for banks) can restrict dividend payments during certain periods.
Can non-dividend stocks still be good investments?
Absolutely. If a company reinvests its earnings wisely and grows its EPS consistently, the share price will appreciate over time, delivering capital gains. The total return (price gain + dividends) is what ultimately matters for investors.