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Nigerian Stocks: All The Dividend Declared On The Nigerian Stock Exchange In 2014

As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective board of directors. It is also important to track these announcements to know who is eligible to collect dividend, when it will be approved and when it will be paid. Dividend payment also affect share prices […]

A case for investing in dividend stocks

As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective board of directors. It is also important to track these announcements to know who is eligible to collect dividend, when it will be approved and when it will be paid. Dividend payment also affect share prices

Legend

Closure of Register – Only shareholders who own shares before this date will be paid dividend. If you sell before this date you won’t get dividend. If you sell after you will still get dividend but the new owner will not get.

Payment date – This is when dividend will be paid to you either via post (dividend warrants) or direct credit to your bank accounts (e-dividend).

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Last updated November 6th, 2014

Source: NSE / Nairametrics Data

 

 




Comments 32

  1. Sed

    Very useful. Can we have the dividend yield as well? Maybe use the publication day market price.

    1. Ugodre Author

      Ok…will look into that

  2. Sam,

    Jst want to get some clearification, are dividend paid to shareholders as soon as bank and other organisations declare their quarterly profit after tax? Or they accumulated till d financial year ends, pls advice

    1. Ugodre Author

      Hi Sam, Dividend is paid annually or semi annually depending on the company’s dividend policy. However, before dividends are paid the results of the company must have been audited and dividend proposed approved by shareholders. Quarterly results are mostly unaudited as such dividends are not paid quarterly. Regards

  3. Joshua

    I need help concerning a question I seem not to have found an answer to. I know stock price reduce when demand is more than supply, but who determines the margin of reduction? Example: A stock price’s starting price for the day is N10.50 and closed at N9.0, yes it’s obvious more investors are selling their stocks but why did it reduce by N1.5 ? why not by N2? so who determines the exact margin. Thanks in anticipation of your response

    1. Nairametrics Author

      Hi,the closing price is determined after taking the average of prices traded at the close of trading. The prices are also determined between the seller and buyer and may differ for different buyers and sellers on any given day. So for example Mr A & B wants to sell their shares in company XYZ. Mr A can sell to Mr C @N1 and Mr B sells to Mr D at N1.1. The closing price will be the average of the two if there are no later trades in between. Hope this helps.

  4. Omeiza

    What is making the share price of UBA to be dropping

    1. Nairametrics Author

      Apart from the regulatory headwinds affecting the banking industry, the Bank’s results hasn’t been very impressive. The market typically punishes stocks when you have a combo of negative news and perceived poor results.

  5. Anonymous

    Quite interesting

  6. mr Geoffrey Garba

    Why are some companies in the Nigeria stock exchange not posting dividends to their shareholders as when due despite having all details of the shareholders? For example I was expecting my dividend from Fidelity Bank, and others, as well as bonuses from many companies. I thought all Registrars have all details of all shareholders of companies under their domain. It should be known that prompt payment of dividends and bonuses by stakeholders in the Nigeria stock Exchange will encourage the players towards the stimulation of the market and economic activities.

  7. Tucwebhost

    please i want to find out why hasn’t Oando pay the divided of 70kobo they said they where going to pay.

    1. Nairametrics Author

      Their payment date is today December 15th. So warrants should start going out from today.

  8. big sho

    please i wish to know the best industry to invest in. thanks

  9. Olu

    Good afternoon, I’ll appreciate functioning contact information on FCMB’s registrar.


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