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.
READ ALSO: Updated: Gender Balance, looking at the board composition of top banks on the NSE
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).
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
[table id=237/]
When is oando paying dividend?
Hello Ebele, how are you?
Many people are asking the same question. In the meantime, we all wait and see.
The question, when is Oando paying dividend has remained unanswered till dated. Please let us know when it will be paid.
Comment: OANDO IS NOT PAYING DIVIDEND ANY TIME SOON THEY HAVE HUGE NEGATIVE RETAINED EARNINGS.
I have not received dividend for over 5 years. Pls what should i do to recover all my arrears.
Process e-dividend and you will always receive it automatically.
They have not paid my divident in full after my verification.
I am also a shareholder of ETI shares, since then I have not seen anything or I don’t even know how it’s going
Do e-divided na
If you haven’t received your dividend. Two things are involved. Either you have not given a mandate for your dividend to be paid into your bank account or you do not have a CSCS Account yet. Locate a Broker so you could be put through.
Get to your bank and get the mandate form from all your registrars then contact your broker for transfer form then submit transfer form to your broker and mandate form to your bank
Whether ICICI MULI ASSET FUND WILL GIVE DIVIDENT FOR ARIL2020
What I do to dematerialise my share certificates? Please get me a good stock broking firm with an office in Calabar.
When is First Bank Plc paying dividend
28th april
Pls how can i get access to the list of the announced participants
Those of us who did not receive our dividend warrant from zenith bank because we did not fill the e- mandate form on time, what do we do to get it paid?
Do your E-dividend stuff and /or contact Zenith bank registrar (ie Veritas registrars). Visit the Veritas registrars website for more details and guidance.
Have not received mine too from Nigerian brewery since last two years
Yes, this is absolutely a commonly used strategy. Back up the truck whenever the prices of dividend aristocrats are depressed, and reinvest dividends.
Oando plc. Please remember we invested our money. Kindly pay dividend
Dear Nairametics. Please i seems not to understand the differences between Closure of registrar and qualification date. Kindly shed more light. Thanks.
When is share price devalued? Is it before or after payment date?
Is after payment.
When is GTB paying the final dividend of 2018 FY?
ETI had not paid divident for awhile. Why?
Ucap’s 50k dividend per share is 22% of my cost per share. I love downtrends & pull backs?.
I hope FUGAZ will follow suite…
Ucap could do better
Please I want to be received mail anytime companies want to pay dividends
Please I want to be receiving email alert whenever companies want to pay dividends
Please what is the easiest way to register for e dividend payments. I have not receive some of my dividend
Search for the registrar of the company in question and fill the required e dividend form.
talk to your broker to give you dividend mandate form to fill and he will then submit it on your behave to your stock company registrar.
How can l get a broker that would advice me on secondary market dangote shares?
Is it true that NSE or whatever body is in charge has lifted ban on payment of dividend by letter till the end of 2019? When is First bank paying dividend?
No it has not. First Bank is yet to release its 2018 full year results. The bank has however promised to do so on or before the 30th of April, 2019.
Bemused games being played by registrars,cscs,companies, biometrics, account numbers of share holders are in their keep, keep tossing hapless share holders to& fro like a yooyoo?
how do i get my dividends from Japaul Oil & Maritime Services Plc, bought their shares in 2007.
Good Afternoon. You would have to contact the company’s registrars to find out if Japaul has paid dividends since then.
Japaul oil have not given dividend, I went their this July 2020 to collect my daughters dividend I was told the company didn’t make profit.
Please, can someone tell DAAR Communication to explain why it has refused to pay dividends all these years. This should not be a way rich people should continue to defraud the public. Enough of this 419 by DAAR Communication. By
Because they are not making profit all these years. check their balance sheet and see, they are on a losing streak.
When is First bank holdings declaring their own bonus or divided?
Good Evening. FBN Holdings will release its results on or before the 30th of April, 2019
When is Japaul Oil and Stanbic IBTC holding their AGM’S.
Please when is Gtb paying dividend for year 2018
Good evening ONOME. Pls, what is happening to Courtiville Business Solutions Plc. Is it that they have decided not to be paying dividend to their shareholders after making PAT or what? They should pls let us know…. and also let them know that they should start doing that no matter how small it is..
Please Nairametrics, when are we expecting dividend payment from Standard Alliance Insurance plc. I thought they said they used 2018 for shares reconstruction and will definitely pay dividend by 2019.
The company is yet to release its results for FY2018.
Pls when is Unity and Union Bank Plc declare dividend?
We will let you know once they declare a dividend.
Pls ONOME, when is Lafarge gonna declare dividend? Reply…
Hi, unfortunately, Onome doesn’t work at Lafarge Africa or have such information kindly wait till the company declare a dividend. Once they do we at Nairametrics (including Onome) will be quick to inform you. Thank you.
Good evening Alfred. Pls why has Courtiville Business Solutions Plc not declared dividend 4 some years now, when and where is their AGM date.
A company will only pay dividend when they make money and as for their AGM, once they come out with the information will let you know with an article.
Good evening Alfred. How many times in a year can a company declare dividend?
Hi there. Alfred isn’t here right now…
Note that most Nigerian companies typically pay dividends once every year. Some also do pay what they like to call “bonus dividend”.
Meanwhile, elsewhere, companies can pay dividends to shareholders every quarter. What this means is that you could get paid four times in a year. But then again, this seldom happens in Nigeria.
Have a good night.
In addition to Emmanuel said, some companies in Nigeria pay an interim dividend and a final dividend. As for bonus, it is at the company’s discretion.
Any information on universal insurance company pls.
May i know the current registrar and the functioning email address?
Hi Akinsola, you will have to contact Universal Insurance directly.
invested my money in ubn shares but has not received
When will ubn declare it’s dividend like other companies?
Hi Felicia, Union Bank will notify the investing public once they declare a dividend. Though the bank has not declared dividend for long.
FGN SHOULD LOOK INTO SHARE MATTER TO STOP CONRRUTION. OVER 6YRS WAMA BANK DID NOT PAY MY SHARE .
Good morning, please where is the location for Aiico insurance AGM?
Greatings all! I have NSE stock portfolios online with Nigerian Stockbrokers but dispite submitting the E-DIVIDEN MANDATE forms (Zenith, GTB, Access Bank) . No payment has been made, same with Access-Diamond Banks merger cash consideration. Please does anyone have this experience or solution? Kindly hint. Thanks
Thank you so much!
Hi Felix. Where did you submit your e-dividend mandate form? If it’s @ d bank (ZENITH where I did mine), they scanned the e – dividend mandate forms filled immediately to the registrars & within one week, I got SMS from them. Some registrars even called me to clerify certain things. I suggest you either go do it again @ d your bank or registrar’s offices & make sure all your data are correct. I promise you, you’ll be credited & even with all your outstanding dividend.
Thank you so much for.
Again Felix, Make sure you attach your passport photo..
Am very grateful and I’ll do as you say. Thanks.
It’s commendable that Nairametrics directly responds to comments. Keep it up
We make it a priority to do so. Thanks for trust us.
Also please any ideas about the Access-Diamond Merger cash consideration.? The Registrar ( United Securities) said that they have sent the account on the e-mandate details to NIBSS platform for confirmation and that was over a month ago. Up till now, nothing. Wondering if anyone here has received the cash consideration or have similar experience. Please kindly relate. Thank you.
Hi Mr Felix. Just try do your e – mandate first as I’ve told u. If NIBSS confirms you, UNITED SECURITIES will credit your account for DIAMOND BANK consideration from ACCESS BANK. I still advice you, go to the registrars office if you have time, do your e – mandate & also tell them about the merger cash consideration. If your work does not give u time, or u’re not in LAG, do it @ d bank, call the registrars office, they ‘ll still attend to you OK. Your money is intact. So don’t panic alright..
Thanks for the very helpful tips. Be blessed.
Good evening Alfred and Emmanuel. Pls, has COURTIVILLE BUSINESS SOLUTIONS declared or about to declare dividend? I noticed their shares are going up.
Lafarge Africa ought to drop their FYE 2018 result today based on their communication to NSE. Is there a reason why the result is not out??
Please why is Presco’s report not out yet?
Please has anyone heard or received GSK dividend from GTL Registrars?
GSK had their AGM on 23rd of may and dividend to be paid on 24th of same month but their registrar GTL is neither paying the dividend nor responding to investors email.
I emailed gtl on 27th of may and days after till today, they dont want to respond to me and they have not paid my dividend.
Is there any problem?
Good day, has Honeywell declear Dividend for the year2019?
Has Wapic declear Dividend for the year 2019 and when and where is the location for AGM?
Please send me the details.
Onome, the services, (informative and educative ) being rendered by you and team of Experts on this Nairametrics platform is highly commendable. You should keep it up.
Greetings,
Please does anyone know if MUTUAL BENEFITS ASSURANCE PLC has declared any dividend for year ended 2018? Please kindly inform.
Thank you.
Good day, the VAT not extended, please how dose it affect investors like me putting token, ist charges from the 5percent or I will b charge separately after 5percent charges? Kindly enlighten me please. Waiting for ur response thanx.
Kindly help me to ask Wema Bank why the dividends of investors are not PAID up till now after a decade and a half year of insolvent
Ola Ilesanmi
I have a number of shares of NACHO and Legacy Funds but Cornerstone Registrars refused to remit my dividends to my bank account .
I am aware of formalising e-dividend formalities which I have done as at when it commenced .
It is equally important to note that same registrar pays my dividends in FCMB , LAFRAGE WAPCO , as well as ancient Skye bank .
It is absolutely worrisome that the registrars in question don’t pick calls or reply mails put across their portals . They the Registrars in question have been behaving as such when they they were called City Securities , I am a clients to First Registrars , United Securities , Veritas Registrars , African Registrars , GTL Registrars ,Meristem Registrars etcatera who give normal and regular responses as requested .
Nairametrics , you are wonderful and helpful
Hi Ola, sorry for the experience you have had with your registrar. I will advise you to visit their office and get things sorted out.
I made a mistake of name in my last two posts .
I actually mean CARDINAL STONE REGISTRARS formally called City Securities not Corner Stone
Please .
Thanks to Nairameyrics
Kindly help me to ask Wema Bank why the dividends of investors are not PSID up till noe after a decade and half year of insolvent
Ola Ilesanmi
Alfred Akuki
Thanks may God bless you mightily .
Have I paid for your prompt reply ? No !
That’s the best modern business methodology to address issues .
I put this across in order to share my experience with Cardinal Stone Registrars .
My issues predated era of mandate e-dividend . If not for the interest I have for a few companies I have with cardinal stone registrars , I got things sorted out with cardinal stone registrars after the Securities and Exchange Commission compelled them to do the needful .
They are recalcitrant and very careless with investors commitment .
I will not visit them .
I will drag them to the Securities and Exchange Commission or Investment Tribunal and I will win them with apology from them .
I certainly owe Naira metrics Ltd a lot of indebtedness of commendable appreciations . Thanks a great deal
Ola
Hi Ola, it gives us great joy that we were able to render assistance to you.
Pls, if I want to know the what of my shaers, how can I go by it? and in case I want to sell it,how do I do it?
Please presco said they will pay dividend on the 29th and yet I have not received mine, just want to know if they actually paid anybody any dividend?
Please any information about linkage Assurance Plc dividend payout for FYA 2018?
Hi, Nairametrics. Thanks for the good work you people are doing. Please I need a mobile number or email of any of your staff I can communicate with for some business discussions. Thanks.
You can call us on 0851040390
GT Bank and Zenith Bank just declared an interim dividend this august and it has not been included in your compilation.Thank you for the good work you have done.
I don’t actually know what investors will return as gains as from next January if an investor pays
1.statutory Charges on equities subscribed @ 3.9% per transaction
2. VAT on investment 5% per transaction
3. VAT ( the percentage yet to be declared by IFRS ) on online transactions within or outside the country . One should understand that dividends are now transmitted electronically .per dividend
4 . You are going to pay stamp duty of #56.5 per lodgement
5. A minimum charge of #50 for ATM maintenance .monthly .
A HYPOTHETICAL EXAMPLE
Company : Timber PLC
Cost per unit : #4
Buying 1000 units is equal to #4000
TRANSACTION
Brokerage charge at 3.9%= #156
VAT on investment at 5% = #200
VAT on dividends say at 5%#200
Stamp duty charge at #56.5
ATM monthly service at #50
TOTAL. #656.5
DIVIDEND DECLARED THE COMPANY
.45kobo per share translating to #(.45×1000units) ÷ 100 = #450
Therefore an investor’s is equal to -#246.5 !
Even if you have your name in Forbes as a captain of industries , the above is still outside infrastructural maintenance , tariffs , EPA , staff salary etcetera that is if the above example is to be in multiple of millions , billions , trillions say for a multi national company .
DO WE REALLY HAVE ECONOMIC THINKERS / PUNTERS IN NIGERIA ?
This analysis is wrong and can be misleading.
Brokerage charge is 1.35% of total value, while VAT is not computed on total value but on the brokerage charges.
Using your illustration for Timber PLC, the transaction would look like this:
Brokerage charges (1.35%) = #54
VAT on brokerage (7.5% on Charges) = #4.05
Stamp duty (0.075%) = #3
Sec Fees (0.3%) = #12
Total = #77.35
ATM monthly service is not an NSE charge
With a dividend of #450 and VAT of 10% being deducted = #405
Hence, you have #327.65 profit from this #4000 investment.
Your last comment isn’t necessary at all.
All the best!
Well, I may not be good in maths but I know when I’m making money and certainly know my numbers.. revenue, gross profit and net profit.
I have invested about N40 million naira in our stock market since year 2001… Mainly in the banking sector. As of today, that money is remaining about 17 million naira including all the dividends received.
Nigeria stock market is rigged and a scam to say the least.
Likewise, the $60,000 I invested in mutual funds in USA in year 2001, today is worth almost $550,000 ..
Anybody who have money for investment should invest in developed economies.
Wow. This really got to him. So sorry for your lose Mr. Okaonye. I just started my career in the financial sector with an 100k salary and i am just contemplating on the environment to invent and saw your timely comment, i will make further research and i hope I don’t make a wrong investment. Thank you once again for the comment. I wish you the best.
Everyday oando is the largest company in Africa. but of to now no any dividend or bonus many years ago.
Pls when register say ur dividend is send to cscs and I did not buy the share from second market I buy the share at public offer pls what can I do
Please when is Nigerian Brewries paying dividends for the end of the year?
How can I receive my dividend without going through the registrars?
I love the way people respond to other people question. that is so so nice please guys keep the good info going.
You can call the registrars (check for their number via their website) and ask them if you can submit your form to them via email. You can also confirm if your bank is still accepting forms for upload for the same purpose.
Please release the list of dividends to expect this year. I always look forward to it.
Thank you so much for responding. I appreciate.
Is Oando progressing now or not
Am feeling very bad about Oando for not giving dividend despite there promise last year to pay dividend this year if they are not forth coming with dividend pls let us know on time so I pull the money I invested there.
I trust zenith bank they are d highest so far in banking industry followed by Gtbank…i must que in for this year although I be ashawo.i fuck and dumb meaning I buy get my dividend n sell…I just dey wait for baba NESTLE
Thanks for the awesome resource placed on this page. Please the list does not scroll over to pages 2 to 6 so we are unable to really take advantage of the good work here shown. Many thanks
Please my question is on IGI insurance. I invested during their private placements and till date I have not heard from them. Does it mean I have lost my money. Even up till now it has not been quoted in the stock exchange.
for many years now. i have not being receiving divined from Access Bank.. i need help. i need their E-divined form.so as to file and submit on line.
HELLO, ITS MY FIRST TIME HERE, I HOPE TO GET A GOOD RESPONSE TO MY QUESTIONS.
PLEASE WHY IS VITAFOAM NOT CAPTURED IN THE ABOVE LIST OF COMPANIES THAT DECLARED DIVIDEND IN 2020
Pls team, the above did not capture Vita foam released results. Thanks.
Dear Mr. Ola Ilesanmi;
I LIKE YOUR ANALYSIS OF CHARGES ON STOCK TRANSACTIONS ABOVE, PERHAPS IT CAN BE PRESENTED IN FORM OF COMPLAINT AND FORWARDED
TO SEC FOR CONSIDERATION AND NECESSARY ACTION.
Vitafoam is missing in the list
I am no longer happy with Oando the way they are treating their shareholders, for some years now they have not paid dividend despite this they built gigantic headquarters in Victorian Island and the CEO is one of the highest paid executive in Nigeria today. The SEC should look into this matter, otherwise we the shareholder will take appropriate action o
Oando had not paid dividend for some years now, shareholder seemed to be short changed On record oando within these periods built a giangatic head office in Victoria Island, on record the CEO is one of the highest paid in the in Nigeria today if is no making return why engaged in these spendings.I suggest the SEC should investigate this matter otherwise we the shareholders will take it up through legal processes.
Oando , has refused to pay dividends for the past five years. I see them investing and building up new branches. They should let us know..the money I invested as a shareholder..is still mine
Nairametrics previously quoted 0.25k as Access Bank plc 2019 proposed dividend, it was later changed to 0.40k after the company officially released their FY report.
Nairametrics, where was the initial “misleading” quote gotten.
@Ademola Akinsola, Access Bank declared 25k as interim dividend while 40k for final dividend for FY2019
GOOD AFTERNOON EVERYONE,
PLS, I WANT TO BUY TOTAL NIGERIA PLC SHARES AND I DONT HAVE A STOCK BROKER. HOW DO I GO ABOUT IT PLS ?
THANK
SAMUEL
Download wealth.ng app and buy from there
I paid N5,000.00 to buy Alstates Trust Bank shares. The bank folded up and my money was not refunded. What do I do? DAAR communication did an IPO many years ago.I bought the shares. Up till now no dividends. Absolutely disgusting.
No good things work in Nigeria, I bought UBA shares many years back from secondary market through Marriot Securities & Broker Ltd, I perfected everything, I mean, I did all documentation and even registered my CSCS Account through the company, now, when it is time for me to receive my dividend, Prudential, the company in charge of UBA now told me that they don’t have my signature, so, I have to get a form and sign it in my bank which I did and return it to them with #1,500 which I said I can’t afford. Please, is there any means to solve this issue? It’s because am thinking of notifying Nigeria Stock Exchange and other regulatory bodies. Emmanuel Olusegun Akerele.
Hello Mr. Akerele
The stock market actually works in Nigeria irrespective of some challenges which can actually be resolved. Signature confirmation is necessary if your signature becomes irregular or was not sent to the registrar along with other details at the time you bought the shares. Don’t forget you bought through your broker (secondary market) and you had no account with Africaprudential registrars previously so they need to identify you properly. There are some charges for some registrar services. So I don’t think there is need to report the registrar to anyone. Just confirm your signature with your bank and pay the prescribed fees to get the dividend and subsequent ones in the future.
Thank you.
Emmanuel Olusegun Akerele, currently you don’t need since your hold to panic your stocks are intact,your broke Marriot Securities would have guided u properly, i believe the registrar is claims irregular signature which you have to regularize it with your bank, you can get paid or you simply apply for change in signature but which would demand for the old one that you aren’t sure of. Simply get your signature regularized with you bank.
When is First Bank Nigeria plc, likely to hold their AGM for 2019 financial ending. As share holder,based on their performance do we expect dividend payments
Sir/Ma,
I have not received any dividend for the past 10years. Kindly help out
Why nothing heard about ECOBANK dividend for this long?
UBA could not pay their shareholders yesterday 27 of March 2020 their dividend. Please, when are they paying what’s due?
You guys are doing a very good work, God bless you for the good information you are passing. The corona virus pandemic has so affected global economy and it’s my believe that solution will come soon by the grace of God.
hello please its over 10 years i bought my shares i need help … how do i go about it thanks
For the past seven years. I haven’t gotten any of my dividend from all the stocks I bought. What do I do? I even opened CSS account and still nothing.
Hi guys,
You are doing a fantastic job, kindly keep it up.
Please update your dividend payment day for some companies who have not complied with the stated dates.
For example, UBA and it’s affiliates.
Please how can I contact INVESTMENT and ALLIED COMPANY
Good evening, please when last did japaul oil declare dividend?
Can we reconfirm the dates
I’m invested my money in Habib bank plc, since 2008, I have not receive any dividend yet. What is wrong please.
Good day. Some of us who are investors in UACN are worried over the delay in the release of the company’s audited 2019 accounts. The shares have been falling due to the delay
Is there any archive where I can trace shares I have with Nigerian companies? I misplaced my stock file.
Please I would like to know if you must purchase shares with the T+3 rule or you can purchase anytime before the qualification date??
I have some share with, first bank,union and some others but I don’t hear anything from them for the past 10..12years ago now,how can you help me
Please i need a reliable stockbroker with name and email address thanks
I want to buy stock for a very long time for my kids any likely recommendations on any stocks that may still be in existence for the next 25years. Please I humbly await your response.
Thanks
Samson
Eco bank have not pay dividends for so long why,bigtreat for so long I have not heard anything about the shares, tantaliziler have not pay,becoprot have not pay,sky bank have not pay,
I am from Europe and haven`t received any dividend from Guaranty Trust Bank this year. Will I still receive it?
Please can you add column of current share price in the table for Dividends from companies quoted on the Nigerian Stock Exchange
Good morning sir, can u please confirm the qualification date for UNIVERSITY PRESS PLC?
I suggest you start the dividends to be paid in 2021 on a fresh page, rather than mixing 2021 with that of 2020.
the 2021 dividend for neimeth stated as N6.5K is wrong. it is N0.065K since the dividend is only 6.5kobo
I suggest you start the dividends to be paid in 2021 on a fresh page, rather than mixing 2021 with that of 2020.