Nigerian (NSE) Materials Dividend Stocks

UPDATED Dec 17, 2025

Discover Nigerian Materials High Yield Dividend Stocks that are on the NSE and sorted by Dividend Yield. An upper limit of 20% is in place to filter out stocks with potentially unsustainable dividends. All companies with high dividend yields (above 5%) should be researched for sustainability. For more options please click on 'Advanced Filters'.

CompanyLast Price7D Return1Y ReturnMarket CapAnalysts TargetValuationGrowthDiv Yield
DANGCEM
Dangote Cement
₦614.900%28.4%₦10.3t₦654.06PE10.8xE13.3%4.9%
CAP
Chemical and Allied Products
₦74.008.0%94.7%₦60.3b₦46.26PE12.4xn/a3.2%
BERGER
Berger Paints Nigeria
₦42.0015.2%133.3%₦12.2b₦16.46PE8.8xn/a2.9%
MEYER
Meyer
₦13.100%70.8%₦6.5bn/aPE15.5xn/a2.3%
IMG
Industrial and Medical Gases Nigeria
₦32.400%-6.1%₦17.8bn/aPE20.8xn/a2.2%
BUACEMENT
BUA Cement
₦162.000%70.5%₦5.5t₦132.77PE17.4xE16.2%1.3%
WAPCO
Lafarge Africa
₦133.00-5.0%88.7%₦2.1t₦154.33PE8.6xE21.7%0.9%
MULTIVERSE
Multiverse Mining and Exploration
₦12.1510.0%115.0%₦5.2bn/aPE6.3xn/a0.8%
BETAGLAS
Beta Glass
₦370.000%540.7%₦222.0bn/aPE6.8xn/a0.8%
VANLEER
Greif Nigeria
₦5.450%0%₦232.4mn/an/an/a0%
ALEX
Aluminium Extrusion Industries
₦11.2557.3%57.3%₦2.3bn/aPS1.5xn/a0%