Tracking Dividends — How Lafarge Africa Compares in 2026

[Chinyere]

Current share price: ₦214 ex-dividend
Dividend declared: ₦6
Dividend Yield: Is 2.73% yield attractive compared to fixed-income alternatives like T-bills (~27.5% MPR environment)?

 

[John Esther]

Current share price: ₦214 ex-dividend
Dividend declared: ₦6
Dividend Yield: Is 2.73% yield attractive compared to fixed-income alternatives like T-bills (~27.5% MPR environment)?

At a ₦214 share price with a ₦6 dividend, the yield is about 2.8% which is tiny compared to short-term fixed-income alternatives like T-bills in a ~27.5% MPR environment.

In other words, the dividend alone isn’t attractive for income-focused investors right now. The real appeal would have to come from potential capital appreciation, not just the cash payout. It’s more a growth play than an income play in the current rate climate.