CWG Plc

NGSE:CWG Stock Report

Market Cap: ₦53.8b

CWG Dividends and Buybacks

Dividend criteria checks 2/6

CWG is a dividend paying company with a current yield of 3.35% that is well covered by earnings.

Key information

3.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth17.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio36%

Recent dividend and buyback updates

Recent updates

New Narrative Apr 22

63% Profit Growth, 6.8× Forward P/E: Inside CWG Plc's FY 2025 Numbers and What They Signal

Business Overview CWG Plc (formerly Computer Warehouse Group) is a pan-African information and communications technology (ICT) company headquartered in Lagos, Nigeria. CWG has evolved from a computer hardware distributor into one of West Africa's foremost providers of enterprise IT solutions across 26 countries.
Narrative Update Mar 26

CWG Plc Delivers Strong FY 2025 Earnings Growth Driven by Revenue Expansion and Operational Efficiency

Revaluation Analyst: Qudus Adebara (Research Analyst, DLM Securities) Executive Summary CWG Plc recorded a robust financial performance for the year ended 31 December 2025, underpinned by strong revenue growth across its IT infrastructure, software, and managed services segments, alongside improved operational efficiency. Revenue increased by 41% YoY to ₦65.56 billion, driven largely by expansion in IT infrastructure services and software solutions.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, CWG has been paying a dividend for less than 10 years.

Growing Dividend: CWG's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

CWG Dividend Yield vs Market
How does CWG dividend yield compare to the market?
SegmentDividend Yield
Company (CWG)3.3%
Market Bottom 25% (NG)1.0%
Market Top 25% (NG)3.3%
Industry Average (IT)4.7%
Analyst forecast (CWG) (up to 3 years)n/a

Notable Dividend: CWG's dividend (3.35%) is higher than the bottom 25% of dividend payers in the NG market (1.05%).

High Dividend: CWG's dividend (3.35%) is low compared to the top 25% of dividend payers in the NG market (3.46%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.5%), CWG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CWG is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 06:45
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CWG Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.