The stocks below are set to be marked down for dividends this week. Buying them before the closure of register date guarantees you are paid dividends. However, after dividends the dividend paid will be deducted from the current share price thus making the cheaper after marked down. Stocks do rally again after being marked down but doesn’t happen all the time.
The gross dividend yield calculated is based on Friday’s closing price.
|Company||Dividend||Bonus||Closure of Register||Share Price||Gross Dividend Yield|
|NAHCO||20 kobo||1 for 10||18th – 22nd May 2015||6.8||3%|
|Okomu||25 kobo||Nil||18th – 22nd May 2015||28.44||0.88%|
|Seplat Petroleum||$0.09 dollar/naira exchange rate as at 21 May 2015||Nil||22nd May 2015||387||4.65%|
|Vitafoam||30 kobo||1 for 5||20th – 22nd May 2015||6.38||5%|