Nigerian Top Dividend Stocks

Guaranty Trust Holding

Market Cap: ₦2.2t

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.

NEM Insurance

Market Cap: ₦96.1b

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

Nigerian Aviation Handling

Market Cap: ₦190.8b

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

Stanbic IBTC Holdings

Market Cap: ₦1.3t

A financial holding company, provides banking and other financial services to individuals, businesses, institutions, and corporations in Nigeria and internationally.

Zenith Bank

Market Cap: ₦2.4t

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

SFS Real Estate Investment Trust Fund

Market Cap: ₦5.0b

n/a

UH Real Estate Investment Trust

Market Cap: ₦11.3b

n/a

Cornerstone Insurance

Market Cap: ₦75.8b

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

FCMB Group

Market Cap: ₦360.4b

Provides various banking and financial services to the wholesale and retail customers in Nigeria and Europe.

Red Star Express

Market Cap: ₦9.6b

Engages in the provision of courier, mailroom management, outsourcing, freight services, logistics, warehousing, and general haulage services in Nigeria.

Learn Africa

Market Cap: ₦4.9b

Engages in the publishing, distribution, and marketing of educational materials and textbooks for nursery, primary, secondary, and tertiary levels of learning in Nigeria.

NPF Microfinance Bank

Market Cap: ₦14.3b

A microfinance bank, provides banking and other financial services in Nigeria.

Chemical and Allied Products

Market Cap: ₦45.4b

Manufactures and sells paints and coatings in Nigeria.

Presco

Market Cap: ₦1.2t

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

Okomu Oil Palm

Market Cap: ₦763.1b

Engages in the cultivation and plantation of oil palm and rubber in Nigeria.

UPDC Real Estate Investment Trust

Market Cap: ₦18.9b

A real estate investment trust.