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Nigerian Stocks: List of Dividends announced in 2023

This is a list of Dividends announced so far in 2023 and their percentage yield.

Nigerian Stocks: List of Dividends announced in 2023

As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors.

It is also important to track these announcements to know who is eligible to collect the dividend, when it will be approved, and when it will be paid. Dividend payment also affects share prices.

This page will be updated from time to time.


Legend 

Date announced – The date the company announced dividends, evidenced by a corporate action published on the website of the Stock Exchange.

Dividend during the year – This represents all the dividend announcements made by a company in a given year.

Total dividends – This is the summation of a company’s interim dividend (often announced in a prior year) and the final dividend announced following the publishing of a full-year annual report (after being announced in the first quarter of the year).

READ: Rising unclaimed dividends; a tale of idle investors’ funds

Qualification date – Shareholders who own shares as of this date will receive dividends. If you buy shares and want to receive dividends make sure it is at least three days before this date. Shares get transferred to you on the basis of the T+3 rule (the date you bought plus 3 working days).

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

Closure of Register – Only shareholders who own shares listed in their register before this date will be paid dividends.

You can also scroll sideways to view the rest of the columns if using a mobile phone.

2023 Dividends from companies quoted on the Nigerian Stock Exchange

See Table

Calculate Dividends

[ninja_tables id=”475111″]

See 2022 Dividends




Comments 62

  1. Uzoma Jonathan C.

    Otedola again! Deceiving foolish investors with mouth watering dividends,price manipulations and only to dump the business after milking it to it’s knees. Where is Fort Oil,Xenon? Just imagine investors wealth going down the drain in 5 year time!

    1. Ben Nwankwo

      Please tel me more, are you saying the dividend offer is only for price speculation ?

      1. Uzoma Jonathan C.

        Just to entice people.

    2. It’s deplorable. Meanwhile, there are people earning salaries masquerading as regulators whose impact is of no moment. Time and again, unsuspecting investors end up getting swindled.

    3. ADARAMOLA, OLALEKAN THOMAS

      I observe that some of these public companies change their Registrars and without the knowledge of many of these lower investor Shareholders, thereby increasing the volume of unclaimed dividends. The new Registrars will not scrutinise properly the profiles/ details of shareholders transferred to them for due dividends to be paid to them through their usual bank accounts. So dividends are in most cases paid to only the ‘lucky’ ones at random.

      1. Bridget

        No company can change their registrar without informing SEC , this change will be reflected on their website and announced at the next AGM. Just Google the Registrar to your company, fill their e mandate form and you will be paid your outstanding dividend, you don’t need luck it is your money. Report or send mails to SEC if you have done all you need to do and you are still not paid, but it is wrong to assume that companies and Registrars are just out to delibrately withhold your dividend. That is not fair.

        1. e valentine Nnabuike Obasi

          You may not be aware the level of humiliation the registrars mete to share holders, just to frustrate them out. I am a living witness to this gross tossing of registrars. I began processing e-mandate of 2 registrars since March last year, up until now I am yet to receive my backlog of dividends for 10 years. One asked for payment, I did., they turned out to now say bank has not replied since early May. The other is demanding for my cscs statement which I have given them 2ice. These 2 companies have severally asked for e-mandates, which I processed via my bank and delivered to them. Pile up of unclaimed dividend is mostly caused by Registrars. If SEC is regulating the registrars as should, dividends would be claimed by shareholders. If educated ones are frustrated this way, what about illiterate investors. I wrote to SEC complaining bitterly, they never responded. Names of these registrars are (1) Africa Prudential Registrars (2) Veritas Registrars. I have 5 companies under Prudential while Veritas has my Zenith bank stock under them.

          1. Your friend

            If the bank did not reply the registrar’s simply write acompliant to the head of customer service of the bank ,and send it to their head quarters with while attaching copies of the e dividence forms filled and your contact details.

          2. Femi

            Kindly visit the registrar offices in person.

            I am sure your story will be different.

          3. Uwagboe Rose

            Go through your stock broker.
            It happened to me when Iwas trying to get my son’s backlog dividend zenith bank (vertas).
            When I went through my broker, less than 2weeks my son received his dividends.
            It is partentic in Nigeria.

        2. Geoff

          Then what are the up to for not processing one’s dividend payment?????

  2. Ken Nwokocha

    What is the situation with MTN OFFER of December 2021? There has not been any feedback till now.

    1. Sarafa

      MTN offer of 2021 was well concluded to the extent that those who subscribed to it got the final dividend for FY 2021 as well as 2022 interim dividend. Payment of #10 final dividend for FY 2022 is April 20, 2022. Additionally, the 1:20 bonus promised those that did not sell their shares purchased via the offer will also be redeemed.

      1. Onyechere Nwokocha

        Thanks for your feedback but for me I have not gotten any evidence of purchase of shares such as share certificate and no dividend of course. Several times I took this complaint to point of purchase (First Bank) all I got was that some staff were affected. Please assist me to normalize this transaction.
        Onyechere Nwokocha.

        1. Emeka

          Everybody who subscribed were given. Your bank is definitely not telling you something. Check your emails, you could have received an email from your assigned stockbroker or registrar

          1. Kkk nkenwkokKenocha

            Please which registrar is handling MTN COMMUNICATION PLC?
            Thanks

  3. Chibuike ukaonu

    Has oando become RIP situation? Many talks nothing to show

  4. Uzoma Jonathan C.

    The ruination of Nigeria will come quickly than that of Oando in the hands of Tinubu..

  5. Walia Hamman

    Tinubu has buried Oando plc

    1. Uzoma Jonathan C.

      Yes,the older Tinubu will ruin the zoo nation.watch and see.

    2. lolu

      How? By buying Agip’s onshore assets ?

      1. Uzoma Jonathan C.

        Many thanks to upward rally of Oando share Price. Now let’s watch the (Adewale and his gang of Administrative thieves) buy out minority investors shares for #7.10,, when it reached #14.00 plus, just last week. Only in a zoo nation like Nigeria can such happen. Just watch!

  6. Emmanuel

    Can I buy MTN shares now and still collect dividend by April this year?

    1. KING

      You have from now to 14th or 15th of March to buy MTN share if you want to receive dividend.
      Any share bought 3 days before the 27th of March qualification date excluding Saturday and Sunday is due for dividend while shareholders register closes on 28th of March.
      So, act fast!!

  7. Ifedilichukwu Uchendu

    What is happening to the bank’s? No dividend news uptill now.

  8. ADARAMOLA, OLALEKAN THOMAS

    Please who is the new Registrar to First Bank (FBN) plc now that they’re no longer with First Registrar’s?

    1. EdeEward rd Oluwole Izah wole IzaEdh

      Please, when will Union Bank and Guinness pay dividends to shareholders? For years now I have not received any diviidents from any of these companies.

  9. Fadiya Kehinde

    Please,who is the New Registrar to FBNH,so far is not with First Registrar.no latest news, no dividend ,nothing nothing please….

    1. goodness abiodun

      meristem registrars

      1. ADARAMOLA, OLALEKAN THOMAS

        Thank you for the information about Meristem being the Registrar to FBN Holdings.

  10. mike

    Meristem Registrar.


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