market maker

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.

This page will be updated from time to time.


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).

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.

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


Neimeth Int'l Pharmaceuticals PlcNil1 for 1031st January 20177th February 2017
Stanbic IBTC Holdings Plc3rd January 2017NilThree working Days after the AGM
Vetiva Griffin ETF 30 (Interim)15 KoboNil13th December 201616th December 2016
SIM Capital Alliance Value Fund1000 KoboNil16th December 201622nd December 201628th December 2016
Nigerian Energy Sector Fund5100 KoboNil1st December 201615th December 2016
UPDC REIT (Interim)23 KoboNil1st December 201615th December 2016
Nigerian Breweries (Interim)100 KoboNil17th – 23rd November 201624th November 2016
Total Oil Nigeria Plc (Interim)700 koboNil21st – 25th November 20165th December 2016
Guinness Nigeria Plc17/10/201650 KoboNil17th October 201623rd November 201624th November 2016​
Fidson Healthcare Plc23/9/20165 koboNil26th – 30th September 201619th October 201621st October​ 2016​
Nig. Enamelware Plc23/9/201645 koboNil24th – 28th October 2016​​24th November 201628th November 2016
Conoil Plc8/9/2016300 koboNilOctober 3rd - October 17 201628th October 20167th November 2016
UBA Plc25/8/201620 koboNil12th-16th SeptemberN/A19th September
Access Bank Plc (Interim)19/8/201625 koboNil6th September 2016N/A13th September 2016
Guaranty Trust Bank Plc (Interim)17/8/201625 koboNil1st September 2016N/A9th September 2016
PZ Cussons17/8/201650 koboNil19th - 23rd September 20166th October 20167th October 2016
Tripple Gee & Co3 KoboNilTo be advisedTo be advisedTo be advised
Smart Products26 koboNil27th June 201626th July 201611th August 2016
Zenith Bank Plc (Interim)4268225 koboNil23rd August 2016N/A26th Sept. for ord shareholders/2nd Sept for GDR
Cutix Plc4243714 koboNilTo be advisedTo be advisedTo be advised
Unity Kapital Assurance Plc426211.5 koboNil15th - 29th August 2016N/A22nd August 2016
Total Oil Nigeria Plc (Interim)29/7/2016300 koboNil22nd -26th August 2016N/A6th September 2016
ABC Transport29/7/20162 koboNil8th - 12th August 201619th August 20165th August 2016
Custodian & Allied Plc (Interim)28/7/20167 koboNil22nd August 2016N/A1st September 2016
Pharma Deko28/7/201815 koboNil12th August 2016N/A16th September 2016
Nig. Enalmareware28/7/201645 koboNilTo be advisedTo be advisedTo be advised
GSK Nigeria Plc (Special)28/7/201660 KoboNil1st September 2016N/A7th September 2016
Flour Mills Nigeria Plc22/7/2016100 koboNil18th - 12th August 20168th September 201612th September 2016
Red Star Express4237635 koboNil27th June - 29th July 201618th August 20161st September 2016
Seven Up Bottling Company29/6/2016160 koboNil18th - 29th July 201628th September28th September
Consolidated Hallmark Insurance Plc_1 Kobo_Nil_9th Ð 13 May 2016_24th May 2016_24th May 2016
AG Leventis Nigeria Plc13/6/201610 KoboNil22nd - 26th August 20168th September 20169th September 2016
Niger Insurance Plc425573.5 koboNil18th July - 22nd July 2016_26th July 201628th July 2016_
Presco Plc42557100 koboNil4th - 6th July 201620th July 201621st July 2016
Cadbury Nigeria Plc31/5/201665 koboNil27th June - 1st July 201619th July 201620th July 2016
C & I Leasing Plc31/5/20164 KoboNil10th - 16th June 201616th June 201616th June 2016
CAP Plc23/5/2016120 koboNil31st May - 6th June 201616th June 201617th June 2016
Fortis Microfinance Bank Plc20/5/2018Nil1 for 1To be advisedTo be advisedTo be advised
Eterna Plc20/5/201625 koboNilTo be advisedTo be advisedTo be advised
Cement Co. of Northern Nig. Plc20/5/201610 koboNil4th - 8th July 201611th August 201611th August 2016
BOC Gases Nigeria Plc18/5/20165 koboNil3rd - 10th June 201616th June 201620th June 2016
Beta Glass4270940 koboNil13th -17th July 201630th June 20161st July 2016
eTranzact International Plc4267910 koboNil1st - 7th July 20161st July 20168th July 2016
International Brew. Plc4264835 koboNil18th - 22nd July 20169th August 201611th August 2016
NEM Insurance Plc426486 koboNil23rd - 27th May 20168th June 20168th June 2016
NPF Microfinance Bank4243415 KoboNil11th - 15th July 20163rd August 20164th August 2016
FBN Holdings Plc26/4/201615 KoboNil9th - 13th May 201626th May 201630th May 2016
Okomu Oil Palm Co. Plc14/4/201610 KoboNil10th - 13th May 201621th June 201627th June 2016
Ecobank Transnational Inc.13/4/20160.2 centsNil19th July 201617th June 20162nd August 2016
McNichols Consolidated Plc13/4/20163 kobo1 for 1016th June 201621st July 201625th July 2016
Seplat Pet. Dev. Co. Plc426784 centsNil20th May 20161st June 20169th June 2016
May & Baker Nigeria Plc14/4/20166 koboNil18th - 22nd April 201626th May 20166th June 2016
Continental Reinsurance Plc4258612 koboNil18th - 22nd July 201628th July 201629th July 2016
Infinity Trust Mortgage Bank Plc425863 koboNil22nd April 201610th May 201616th May 2016
Regency Alliance Ins. Plc424643 koboNil22nd -28th May 201626th May 201627th May 2016
NASCON Allied Industries Plc4246455 koboNil12th - 13th May 201619th May 201623rd May 2016
Aluminium Extrusion Ind. Plc424648.5koboNil30th May- 3rd June 201615th July 201618th July 2016
AIICO Insurance Plc424645 koboNil25th -29th April 20165th May20166th May 2016
Total Oil Nigeria Plc423731200 koboNil18th - 22nd April 201610th June 201613th June 2016
Custodian & Allied Plc4237314 koboNil14th - 20th April 20163rd May 20163rd May 2016
MRS Oil Nigeria Plc42373110 koboNil11th - 15th July 20164th August 20165th August 2016
UACN30/3/2016100 koboNil16th-20th May 20168th June 20169th June 2016
Berger Paints Nigeria Plc30/3/201675 koboNil4th May 20169th June, 201613th June 2016
Fidelity Bank Plc30/3/201616 KoboNil18th - 22nd April 20165th May 20165th May 2016
Transnational Corp. of Nig30/3/2016Nil1 for 2014th - 19th April 201629th April 2016N/A
Nign Aviation Handling Co. Plc30/3/201620 KoboNil6th - 10th June, 201626th July 201626th July 2016
FCMB Group Plc30/3/201610 KoboNil13th - 19th April29th April 20162nd May 2016
Mobil Oil Nigeria Plc30/3/2016720 KoboNil28th - 30th April 201625th May 20161st June 2016
Julius Berger Nigeria Plc30/3/2016150 KoboNil31st May - June 201616th June 201617th June 2016
Unilever Plc24/3/20165 koboNil11th - 15th April 201612th May 201613th May 2016
Transcorp Hotels Plc24/3/201640.85 koboNil5th April 201615th April 201618th April 2016
Transnationwide Express Ltd22/3/201610 KoboNil11th - 15th July 201621st July 20165th August 2016
Paints and Coatings Ltd22/3/20165 koboNil6th April 201620th April 201629th April 2016
Sterling Bank Plc22/3/20169 koboNil4th April 201619th April 201619th April 2016
United Capital Plc21/3/201635 koboNil31st March 201614th April 201618th April 2016
Dangote Sugar Plc18/3/201650 koboNil4th-8th April 201620th April 201620th April 2016
Lafarge Africa Plc18/3/2016300 kobo1 for 1025th April 201612th May 201612th May 2016
Ashaka Cement Plc18/3/201615 koboNil26th April 201610th May 201611th May 2016
Access Bank Plc17/3/201630 koboNil13th April 201627th April 201627th April 2016
Axa Mansard Insurance Plc17/3/20162 KoboNil29th April 201613th May 201613th May 2016
GSK Nigeria Plc16/3/201630 KoboNil25th May 201623rd June 201624th June 2016
Nestle Nigeria Plc16/3/20161900 KoboNil9th to 13th May 201623rd May 201624th May 2016
Zenith Bank Plc15/3/2016155 KoboNil29th March 20166th April 20166th April 2016
United Bank for Africa Plc14/3/201640 KoboNil30th March to 5th April 20168th April 201612th April 2016
Guaranty Trust Bank Plc14/3/2016152 KoboNil29th March 20165th April 20165th April 2016
Wapic Insurance Plc10/3/163 KoboNil23rd March 20165th April 20165th April 2016
Africa Prudential Registrars Plc2/3/1643 KoboNil23rd to 29th March 201612th April 201613th April 2016
Dangote Cement Plc1/3/16800 KoboNil11th to 15th April 201619th April 201621st April 2016
Greif Nigeria Plc29/2/201660 KoboNil22nd to 24th March 201628th April 20166th May 2016
Nigerian Breweries Plc8/2/16360 koboNil3rd to 9th March 201611th May 201612th May 2016
Forte Oil Plc2/2/16345 koboNil18th to 21st April 201622nd April 201629th April 2016
Vitafoam Plc7/1/1625 koboNil15th to 19th February 20162nd March 201614th March 2016
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  1. Hello Oyeniran, GTB and Zenith are usually the first to declare their results. GTB declared yesterday. I’m sure Zenith will follow very shortly.

  2. For banks whose closure of register span within 4 – 6 days i.e UBA, If I buy at any of those days within the closure of Register will I still be entitled to dividend?

  3. Good job nairametrics; please let us know the venue and time for their AGMs. UBA’s dividend is not impressive at all.

  4. Nairametrics; keep it up! you are really doing a good job. But do we have any hope of First Bank ,paying any dividend?

  5. i am having a sky bank shares of 2000 units @ 50kobo each which i bought in 2005,i just want to know the current total amount in naira before the money will be posted to my bank account


  7. I am impress with your site. May God bless you. I do not know whether you know much of points and index numbers are derived from stocks especially that of Nigeria

  8. I think the table is not compatible with mobile devices. It shows clearly on a computer system so maybe its a setting issue. First Bank just declared a miserable 15k dividend today.

  9. I want to know the bank that took over intercontinental bank plc and Oceanic bank. Are they not paying dividends bcos I have not receive any since they are sold out by Elrufai

  10. I bought some nos os shares from the them Gulf bank, but since UBA bought then, do i still have any shares with then>, because i have sent there registrars letter and i have also sent then an e-mail, but got no response from them, do i forget the whole matter or should continue?. Mathew

    • Yes, you probably still do. Get in touch with the registrars of UBA, Africa Prudentials. They will confirm for you. Cheers

  11. What I received from Fidelity bank as dividend is far short of what I am truely entitled to; I was paid N8,000 for my over 200,000 shares, which translates to just 4k per share. How do I go about correcting this gross underpayment?

    • Fidelity bank dividend was 16 kobo. So you’d have to get in touch with their registrar to help sort it out

      • Thank you Nairametrics for your kind and prompt attention to my complaint on Fidelity bank dividend underpayment to me. But please, could you give me the name of the registrars to Fidelity bank?

  12. Thank you Nairametrics for your kind and prompt attention to my complaint on Fidelity bank dividend undergarment to me. But please, could you give me the name of the registrars to Fidelity bank?

  13. pls nairametrics, your dividend calendar is good but did not include dates for closure of registry and payment. when is first bank paying?

  14. This is a wonderful resource especially for people in the Diaspora. You may want to include the registrars of each company as the companies change the registrars almost without notice to shareholders.

  15. Excellent Reportage, particularly with the Dividends Tracker section.
    So far, I’ve discovered that all the Dividend Payment Dates were ACCURATE!
    For instance, I have personally received Dividends for Nestle, Nig. Breweries on the exact payment dates stated in this report.
    However, I observed that payment dates of certain stocks were stated as 01-Jan-1970(?) – about 46 years ago? What’s the real problem(s) here, pls?

    Nevertheless, I personally fall in love with Nairametric’s interactive on-line Reportage;
    Pls. which Stock-Broking Firm do you represent?
    Because I may be tempted to shift my present base in preference to Nairametrics (or their Stockbroking Firm).


    Cornelius Adewale

  16. The economy is truly in shambles. Pls how much dividend did they declare for 2015 financial year? Any Bonus issue?

  17. Thanks Nairametrics for doing this great job. I bought some units of shares from the then “Allstates Trust Bank” which was acquired by Ecobank through “Purchase and Assertion”. How do I track my units of share bought and where do I start from?

  18. I have read your posts with much interest sir. I can understand that i need your kind assistance to intimate me about stocks, shares, buying and selling. I really appreciate your great job here.

    Meanwhile, i have shares with dangote flour mills and access bank since 2007. i don’t know how to go about this business.


  19. From the above table, Dangote cement paid the highest dividend per share of 800k. Their Share holders will smile to the bank. Is unfortunate that while some companies were declaring 800k, others declaring only 10k. Companies that declared less than 50k should wake up.

  20. i have not seen Aso Savings and Loans in the table/Catalogue of the banks that first bank registrars are handling their share dividends; what had happened? Since 2009 till date i have not received any dividend having bought 100,000 shares; or, has Aso bank gone stale? please come to my aid. Thank you in anticipation.

  21. Wow, this site is awesome.I recently started by stocks in bulk this year and my ROI has been great so far thanks to my stockbrokers.But I have noticed from the dividend payout information that you provided that I receive only 90% of the value of my dividends, what could be the explanation for this?

  22. From some comment above I can see that must people just buy shares without knowing what they are doing. A guy above talked about Dangote Cement paying the highest dividend, saying any company paying below 50kobo should wake up. Let me enlighten you small. supposing you use 500 thousand to buy Dangote cement at #180 per share i.e your shares will be 2,777 units (500,000/180) then multiply it by 800k which is #8 by 2,777= #22,216 dividend for Dan. Cem. Than lets use the same #500,000 to buy Africa prudential registrar at #3.00 per share, it will be 166,666 units. now multiply 166,666 by 0.43k dividend which they declared. the amount will be #71,666 dividend. so, Dangote cem and Afriprud who reward share holders well? when investing, try and asserting your ROI. Thank u.

  23. I can see from the comments above that speculation in the NSE is rife with people only interested in dividend payouts from the companies they invested in.
    Dividend accretion is not the only form of return obtainable from equity investments in the NSE.

    If the NSE is to grow to its full capacity we must develop ‘LONG TERM INVESTORS’ who are focused on the fundamentals of the companies they invest in so that they can benefit from ‘CAPITAL GAINS’ that arise from the continued growth of the companies over time.

    To make a killing (exceptional financial gains/returns) you must remain in the stock market (NSE) for at least 5 years (more like 10 years to be frank) and reinvest your dividends in the same company annually. Compounded returns from these investments will make your investments grow and multiply over time.

    A case in point:

    Nestle Nigeria PLC shares sold for N11.00 during General Sanni Abasha’s regime (1995), the same company share is now sold for circa. N800.00 after so many bonus issues and juicy dividend payments.

    I am sure if you bought just 2,000 units in 1995 you will be a multi millionaire now.

    My advise: Invest and stay in the market for the ‘LONG HAUL’.

    • They paid 10 kobo per share last year despite poor results. Their pre-tax earnings is currently 19% year on year. We are positive that they will pay dividends.

      • Thanks Nairametrics What your Opinion/Analysis on Diamond against FCMB as a brother is confused here on which.Let me use this medium to say Thanks Creating this platform.

        • Both are tier two banks. You have to specify, your investment horizon. In other words, how long do you intend holding them. I would suggest you go for fcmb. Since they have made fewer impairments. Theres also a higher probability of fcmb paying dividend.

  24. Thanks Nairametrics What your Opinion/Analysis on Diamond against FCMB as a brother is confused here on which.Let me use this medium to say Thanks Creating this platform.

  25. if i register for edividend, will all previously unclaimed dividend be remitted into my account or do i still need to do any further follow up?

  26. Nairametrics you are simply the best, may God bless and reward you richly for the execellent services you are rendering to us. remain blessed.

  27. 1.How can I know which of our shares are Dematerialized? I am having trouble collecting these information from some Registrars. 2.How can I move all my shares from the Registrars to the Broker?

  28. How do I get our shares and bonuses from the registrars. They are reluctant to transfer our bonuses and shares to our Broker.

  29. Thank you for responding, they said we should tell our broker to provide them with a list of the Dematerilized shares. We do know how to determine the Dematerialized shares.Please how do we get this information?

    • Your broker will give you your account statement listing all the shares you have and the dates they were acquired. Brokers are supposed to give you this information upon request. You can also register with the CSCS. It’s an independent service that can verify the information that your broker gives you.

  30. Hello, Please confirm if you know when financial statements and corporate actions for yearend 2016 are expected. Principally for the financial sector. There were news of meetings and statements that corporate actions will be decided at those meeting and all we have now, it seems is silent.

  31. Hello, Please confirm if you know when financial statements and corporate actions for yearend 2016 are expected. Principally for the financial sector. There were news of meetings and statements that corporate actions will be decided at those meeting and all we have now, it seems is silent.

  32. Since 2003 I have bought shares in Dangote flour mills plc but have never collected any dividend. Pls how do I go about it?


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