Upcoming April Dividend Alerts for Nigerian Investors

[Vicole]

1. ZICHIS
Current Share Price: N17.36
Dividend: ₦0.20 per share
Qualification Date: March 16
Payment Date: April 29

2. UNITED CAPITAL
Current Share Price: N18.05
Dividend: ₦0.70 per share
Qualification Date: April 7
Payment Date: April 24

3. MECURE INDUSTRIES
Current Share Price: N61.50
Dividend: ₦0.32 per share
Qualification Date: April 23
Payment Date: April

4. Lafarge Africa
Current Share Price: N213.90
Dividend: ₦6 per share
Qualification Date: April 3
Payment Date: April 30

5. NGX Group
Current Share Price: N176.50
Dividend: ₦2 per share
Qualification Date: April 10
Payment Date: April 29

6. Geregu Power
Current Share Price:N1,141.50
Dividend: ₦9 per share
Qualification Date: April 13
Payment Date: April 20

7. Transcorp Power
Current Share Price: N306.90
Dividend: ₦4 per share
Qualification Date: April 17
Payment Date: May 5

8. NASCON Allied Industries
Current Share Price: N147.60
Dividend: ₦6 per share
Qualification Date: April 1
Payment Date: April 28

9. MTN Nigeria (MTNN)
Current Share Price: N779.10
Dividend: ₦15 per share
Qualification Date: April 8
Payment Date: May 5

What This Means

To receive the dividend, you must own the shares on or before the qualification date.

If you qualify, the company will pay the dividend into your account on the payment date.

Also remember: the more shares you own, the more dividend you receive, because dividends are paid per share.

For example, someone who owns 5,000 shares will receive more than someone who owns 500 shares..

Remember, this is not financial advice. Please do your own research before making any investment decisions.

So, which of these stocks do you currently hold in your portfolio?

 

[Sikiru Akanbi]

Mtn
Geregu
Ucap

 

[Little Princess]

Great list, @Vicole! For everyone holding, remember the Real Return math. With inflation at 15.1%, you want a total yield (dividend + price growth) that exceeds that. Look at NASCON Allied Industries—a ₦6 dividend on a ₦147.60 price is a 4.06% semi-annual yield just in cash! If the price continues to climb toward the 200,000-point ASI target, you're well ahead of the inflation curve. I’m particularly watching the April 1st qualification for NASCON. It’s the perfect 'Industrial Moat' play to protect your purchasing power this month. Who else is prioritizing cash-flow over capital gains right now?