If you invested 1 million Naira in MTN stocks in 2019, Here's How Much You'd Have Today

Since MTN Uganda is trending, we used that opportunity to revisit MTN Nigeria stock to see how its performing. MTN Nigeria stock is trading under stock symbol MTNN and the stock is currently selling for N205 per share.  The company owns over 50 percent market share of the telecommunication sector in Africa.

MTN was listed on the Nigeria stock exchange on May 16,  2019. This is what happened when MTN was listed on the Nigeria stock exchange in 2019.

MTN NIGERIA COMMUNICATIONS PLC

RC: 395010

LISTING BY INTRODUCTION

On the Premium Board of

The Nigerian Stock Exchange

of

20,354,513,050 Ordinary Shares of ₦0.02 Each

at

₦90 per Share

MTN Nigeria's stock IPO price when it was listed on the Nigeria Stock Exchange was selling at N90, but it hit the market at around N130 per share.  If you bought N1,000,000 worth of MTNN stock at the time for N130 per share, you now have N1,576,923.08 in stock value plus dividends.

MTN Nigeria dividends

(MTN) will begin trading ex-dividend on October 04, 2021. A cash dividend payment of N4.55 per share.