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
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Very useful. Can we have the dividend yield as well? Maybe use the publication day market price.
Ok…will look into that
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
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
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
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.
dividend
What is making the share price of UBA to be dropping
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.
Quite interesting
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.
please i want to find out why hasn’t Oando pay the divided of 70kobo they said they where going to pay.
Their payment date is today December 15th. So warrants should start going out from today.
please i wish to know the best industry to invest in. thanks
Good afternoon, I’ll appreciate functioning contact information on FCMB’s registrar.
Great Resource for us starting to chart a business meridian.
Can you also post information about dividend paying history of companies to enable us in charting our investments.
Appreciate your good job.
B-M
I bought transcorp ordinary shares 2006 and up till now i have not recieved any share dividends..even when i went to their register with my share certificate to confirm i was told nothing has entered my accout..please i really need to know how to go about this.
Get in touch with their Registrar. I believe it is Africa Prudential that is their Registrar. You should check their website here http://apregistrars.com/
pls Transcorp declared 50k dividend last yr but up till now l have not received mine.
my complaints is that I bought a shares in dangote flour mill since 2007. since then I have received dividend once in 2008 pls can someone’s advice me how to about it?
I never received my 2014 Zenith bank dividend (e-payment) up till now, pls what happened & when is the payment ?
Pls, I want to inquire about this. For someone that bought a company shares in less than 4months before they declares giving out bonuses and dividends to their shareholders.
Will that shareholder be eligible to the dividentds and bonuses?
AND SECONDLY
For someone that bought the shares in an online platform that enables one to trade real time.
how will that person recieve the bonuses and dividends?
Dividend are paid to shareholders who are in the register before the date of closure. Typically, the announce a date for closure of register which is usually a day after the marked down day. For example, a company can announce it is proposing to pay dividend to shareholders who own shares as at March 11, 2015. It also announce closure of register for March 12. What it means is that if you did not sell your shares and still have it as at March 11, 2015 you will qualify for dividend payment. When you buy shares online you also get paid dividend the same way as someone who buys offline
Please if someone buy zenith bank shares today(13/03/2015), would he be entitled to dividend since Zenith closing date for 2014FY dividend is 16th of March 2015.
Yes, if you buy before March 14th to play safe
Thanks to Nairametrics… Would buy in bulk online this mawni
Assuming I buy into a stock that will close 1st-7th of April, when can I sell the stock and still be entitled to its dividend? SECONDLY, what is the meaning of ex- dividend date?
If you sell after closure. Ex dividend date is the date after the register is closed and the stock is marked down. Marking a stock down means dividend will be deducted from the latest share price on that day.
Assuming a stock that close on 25-31 of march was bought, when can the stock be sold within the time framed and one will still be entitled to the dividend? SECONDLY, what is the meaning of ex-dividend date? Thank you.
Please update the site. Since 2014? Haba.
We have 2015 Dividends https://nairametrics.com/list-of-dividends-declared-so-far-in-2015/
How can i get dividend payment history of companies from 2010-2018