Nigerian Top Dividend Stocks

Guaranty Trust Holding

Market Cap: ₦4.7t

Operates as a financial holding company for Guaranty Trust Bank Limited that provides commercial banking services in Nigeria, Ghana, Gambia, Sierra Leone, Liberia, Cote D'Ivoire, Kenya, Uganda, Rwanda, Tanzania, and the United Kingdom.

FCMB Group

Market Cap: ₦794.8b

Provides various banking and financial services in Nigeria and Europe.

Dangote Cement

Market Cap: ₦13.8t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Zenith Bank

Market Cap: ₦5.2t

Provides banking and other financial services to corporate and individual customers in Nigeria, rest of Africa, and internationally.

NEM Insurance

Market Cap: ₦155.5b

Provides general insurance products and services to corporate and individual customers in Nigeria and Europe.

United Bank for Africa

Market Cap: ₦2.1t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Lafarge Africa

Market Cap: ₦3.9t

Manufactures, markets, and sells cement and other cementitious products in Nigeria.

Chemical and Allied Products

Market Cap: ₦77.4b

Manufactures and sells paints and coatings in Nigeria.

United Capital

Market Cap: ₦295.2b

Provides investment banking, portfolio management, securities trading, and trusteeship services in Nigeria.

Presco

Market Cap: ₦2.3t

Engages in the oil palm plantations development, palm oil milling, palm kernel processing, and vegetable oil refining businesses in Nigeria and Ghana.

Nascon Allied Industries

Market Cap: ₦421.6b

Engages in the processing of raw salt into refined, edible, and grade salt in Nigeria.

Transnational

Market Cap: ₦489.8b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Cornerstone Insurance

Market Cap: ₦102.8b

Offers risk underwriting and related financial services for corporate and individual customers in Nigeria.

SFS Real Estate Investment Trust Fund

Market Cap: ₦8.4b

n/a

Consolidated Hallmark Holdings

Market Cap: ₦50.6b

Through its subsidiaries, primarily provides insurance products and services in Nigeria.

Africa Prudential

Market Cap: ₦56.0b

Provides technology and share registration services to public and private companies in Nigeria.

Unilever Nigeria

Market Cap: ₦593.5b

Manufactures and markets food, home care, and beauty and personal care products primarily in Nigeria and internationally.

UPDC Real Estate Investment Trust

Market Cap: ₦21.3b

A real estate investment trust.