Nigerian Top Dividend Stocks

FCMB Group

Market Cap: ₦768.4b

Provides various banking and financial services in Nigeria and Europe.

Zenith Bank

Market Cap: ₦4.6t

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

Dangote Cement

Market Cap: ₦13.6t

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

NEM Insurance

Market Cap: ₦160.0b

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: ₦3.8t

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

Chemical and Allied Products

Market Cap: ₦81.3b

Manufactures and sells paints and coatings 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.

United Capital

Market Cap: ₦294.3b

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

Nascon Allied Industries

Market Cap: ₦435.1b

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

Unilever Nigeria

Market Cap: ₦575.4b

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

Nigerian Aviation Handling

Market Cap: ₦354.7b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Transnational

Market Cap: ₦473.0b

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

Cornerstone Insurance

Market Cap: ₦92.5b

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: ₦50.4b

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

Africa Prudential

Market Cap: ₦54.2b

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

UPDC Real Estate Investment Trust

Market Cap: ₦20.4b

A real estate investment trust.