Investing in dividend-paying stocks is one of the smartest ways to invest.
Not only are you investing for capital gains, you are also investing for cash flow in the form of earnings from the share of the company’s profits.
If you’re looking to invest in dividend-paying stocks in Nigeria, then you are definitely on the right path.
The most popular stocks that have consistently paid investors dividends are mainly those in the banking and industrial sectors.
In this post, we’ll look at a few of them, and maybe you might just have a scoop and earn some dividends before the year 2025 runs out.
Let’s get right to it.
United Bank for Africa (UBA)
UBA is projected to pay a dividend yield of around 15% of its share price, which is estimated at 7.2 Naira per share.
Already, they’ve paid an interim dividend of 2.99 Naira in April 2025. So, investors should expect to receive an additional dividend payment of approximately 4 Naira.
With the bank having paid more than 180 billion Naira in dividends over the last four years, there’s strong belief among investors that such strong consistency will continue.
Guaranty Trust Holding Company (GTCO)
GTCO is expected to pay around 12% dividend yield in 2025.
With the share price hovering around the 90 Naira mark, investors should expect to earn a dividend yield of around 10.8 Naira per share.
Already, the stock has paid an interim dividend of 7 Naira in April 2025, which means a final dividend of around 3.8 Naira is expected later this year.
Fidelity Bank
Fidelity Bank is projected to pay a dividend yield of 11% to investors in 2025.
With the bank’s shares averaging 21 Naira, investors can expect to earn an annual yield of 2.3 Naira per share.
The bank has already paid an interim dividend of 1.25 Naira in early April 2025, with a final dividend of about 1 Naira per share expected in the later part of the year.
Zenith Bank
Zenith bank is projected to pay an annual dividend yield of 10% per share in 2025.
With its shares priced at around 70 Naira, the bank is expected to pay its investors 7 Naira per share in dividends.
Already, Zenith bank has paid an interim dividend of 4 Naira at the end of the first quarter of 2025, with a final expected dividend of 3 Naira expected in the later part of the year.
SFS REIT
SFS REIT is a stock backed by real estate income and is projected to yield a dividend of approximately 7.8% in 2025.
With an impressive year-to-date growth of 68%, the share price is averaging 300 Naira and is expected to pay approximately 23 Naira per share in dividends for 2025.
The SFS REIT dividends are paid annually, with payments due in April or May each year.
Presco PLC
Presco PLC has demonstrated a solid history of consistently paying investors over the last five years.
With an expected dividend yield of 2.8% and its share price averaging 1,450 Naira, investors can expect to receive an annual dividend of approximately 40 Naira per share.
Presco is expected to pay an interim dividend of 20 Naira per share by November 2025.
Access Holdings
Last year, Access Holdings paid a total dividend of 2.5 Naira per share, which means that 125 billion Naira was paid out to investors for the year 2024.
With Access Holdings projected to pay a yield of 10.4% and with its share price hovering around 27 Naira, investors are expected to receive a dividend of around 2.8 Naira this year.
UPDC REIT
UPDC REIT is a foremost property and asset management company that invests in residential, commercial and purpose-built real estate properties.
The dividend yield for UPDC REIT is projected at around 6% per share.
With their share price averaging 7.9 Naira, they are expected to pay a total dividend of 0.5 Naira per share in 2025.
Custodian Investment PLC
Custodian Investment is PLC is an investment holding company with interests in insurance, pension, and other financial services.
With a projected dividend yield of 3.07% and its share price averaging 40 Naira, investors are expected to receive a dividend of around 1.2 Naira per share.
Union Homes REIT
Union Homes REIT is a real estate investment company that offers mortgage and banking services.
With a share price averaging 52 Naira and a projected dividend of 9%, investors are expected to receive a dividend payment of 4.7 Naira per share.
Union Homes REIT dividends are paid annually, with the last payment of 5.05 Naira per share paid in June 2025.
Dangote Cement PLC
Dangote Cement is an industry leader in cement manufacturing in Nigeria, and a multinational importer and dealer of cement across Africa.
With a projected dividend yield of 5.7% and a share price of approximately 520 Naira, investors are expected to earn a dividend of 29 Naira per share in 2025.
The company last paid its investors a dividend of 30 Naira per share in June 2025.
FAQs on Buying Dividend-paying stocks in Nigeria
Where can I buy these stocks in Nigeria?
You can check with your bank or find a local stock broker to open a broker account to start trading stocks.
Most banks in Nigeria can act as brokers or recommend you to one.
What is the minimum amount needed to start buying these stocks?
The minimum amount required to start buying stocks depends on the stock broker account you are using.
While most stock brokers will have a minimum amount required to have an operational broker account, it is important to know how much you want to invest in the market and let that guide your deposits.
Is it too late to buy these stocks this year?
Not quite.
While most stocks pay dividends around April to June, especially those that pay annually, others pay an initial dividend within that period but also pay a final dividend in the later part of the year.
For example, while SFS REITs pays its annual dividend in April or May, Prescot PLC is expected to pay its interim dividend by November.
Will I still own the stocks after receiving dividends?
Of course.
All shares bought will remain yours as long as you continue to hold. Dividends are only your share of the company’s profit based on your shareholding.
Is there a limit on the amount of dividends I can receive?
Not quite.
There is no limit on the amount of dividends you can receive.
Since dividends are paid per share, the amount of dividends you’ll receive will depend on the amount of shares of that company’s stocks that you are currently holding.
