Nigeria’s equities market dividend season is entering its busiest period, with some of the Nigerian Exchange’s (NGX) biggest listed companies set to convene shareholders between May 14 and the end of the month for Annual General Meetings (AGMs).
This is according to the NGX Group official filings of 16 companies with Seplat Energy Plc, BUA Cement, Okomu Oil Palm, Nigerian Aviation Handling Company Plc, and Stanbic IBTC Holdings leading the list of upcoming AGMs this month.
Shareholders of these blue-chip companies are expected to approve multi-billion-naira dividend payouts, bonus share issues, board changes and other strategic corporate resolutions as investors position for some of the largest shareholder rewards declared this earnings season.
Compiled from NGX corporate disclosures, company filings, and registrar notices, the AGM calendar shows that dividend-paying companies are not only rewarding shareholders with cash payouts but also deploying bonus share issues and special dividends to reinforce investor confidence.
Here is a list of the meetings, spanning banking, oil and gas, industrial goods, aviation, agribusiness and financial services, amid improving corporate earnings.
Okomu Oil Palm Plc will convene shareholders in Benin City, Edo State, on Tuesday, May 26, 2026, where the company is expected to approve a final dividend of N15.00 per share — one of the highest naira dividend per share among major NGX companies this season.
The agribusiness firm reported pre-tax profit of N90.6 billion for FY 2025, up from N53.5 billion in the previous year, while revenue climbed 52.18 per cent to N198.1 billion.
Post-tax profit settled at N57.9 billion after tax expenses of N32.6 billion.
Okomu Oil’s consistent dividend policy has made it one of the NGX’s strongest yield stocks, particularly among long-term institutional and income-focused investors.
