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.

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Legend

Date Announced – The date the company announced dividends evidenced by a corporate action published on the website of the NSE.

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).

Calculate Dividends

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.

READ MORE: How to read stock market tables

2020 Dividends from companies quoted on the Nigerian Stock Exchange

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The Nigerian Stock market continued its bullish run for four straight days, as the NSE All-Share Index gained by +0.19% to close at 24,930.34 basis points at the end of today’s trading session. The market capitalization currently stands at N13.005 trillion, while Year-to-Date (YTD) returns is -7.12%.

Meanwhile, the Nigeria Stock Exchange trading turnover closed negative today, as volume moved down by -54.67% as against +148.14% uptick recorded during the previous session. FBNH, WAPCO, and JAPAULOIL were the most active Nigerian stocks by trading turnover during today’s session.

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On the other hand, market breadth closed positive as SEPLAT led 20 gainers, compared to 10 losers who were topped by UBN. This marked an improved performance when compared with the previous outlook.

The Top Gainers

• SEPLAT up 9.03% to close at N350
• STANBIC up 4.76% to close at N31.5
• NASCON up 4.17% to close at N13.5
• GUINNESS up 3.85% to close at N13.5
• MTNN up 0.42% to close at N118.5

The top losers

• UBN down 7.41% to close at N5
• LEARNAFRCA down 6.93% to close at N0.94
• MAYBAKER down 3.45% to close at N2.8
• BUACEMENT down 1.74% to close at N39.5
• FLOURMILL down 1.03% to close at N19.2

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Market Outlook

The Nigerian bourse has closed on a bullish note over the past four trading days. This is because investors have continued their buying pressures on notably undervalued blue-chip stocks. However, with the present economic macros, Nairametrics recommends you seek the counsel of a certified financial advisor.

The Nigerian Stock Market continued its bullish run on Wednesday as the All Share Index gained by 0.16% to close at 24,882.04 points. The market capitalization also increased by the same margin to N12.979 trillion, even as investors gained N20.94 billion.

Volume and Value of shares traded were up by 148.13% and 168.41% to 383.28million units and N3.89 billion respectively, in 3,860 deals.

UACN was the most traded by volume at 81.74 million units, while PRESCO topped by value at N1.255 billion.

Performance across sectors was mixed as two out of the five major sub-indices under our coverage closed positive.

The Banking Index gained 0.07%, buoyed by gains in GUARANTY and ACCESS. Price appreciation in MOBIL closed the Oil and Gas sector by 0.11%.

The Consumer goods and Industrial index inched up distantly by 0.01% respectively. The Insurance index finished as the lone loser, down marginally by 0.01%

Top gainers

• CAP up 9.74%to close at N16.9
• STANBIC up 5.00% to close at N31.5
• GUARANTY up 1.94% to close at N23.6
• PRESCO up 1.16% to close at N48
• MOBIL up 0.92% to close at N175

Top losers

1. ETERNA down 9.00% to close at N1.82
2. MAYBAKER down 3.33% to close at N2.9
3. ZENITHBANK down 2.65% to close at N16.5
4. FLOURMILL down 0.51% to close at N19.4
5. WAPCO down 0.43% to close at N11.7

Outlook

The Nigerian bourse has continued its bullish run for three consecutive days, as some blue-chip stocks such as STANBIC, MOBIL, and GTBank recorded impressive gains.

However, Nairametrics envisages cautious buying, as market liquidity remains a major concern among stock traders. This is coupled with the issue of heightened geopolitical tension/uncertainty between two of the superpowers.