More Nigerian stock exchange companies have released dividends for the year 2021
- Posted on April 06, 2021
- Stock Market
- By Hannatu
More Nigerian companies have released dividends for the year 2021. You can check out previous companies here
In the finance and banking sector, Access Bank is set to pay its investors N0.55, with its shares trading at N8.1 on the Nigerian Stock Exchange.
First City Monument Bank (FCMB) is set to pay a slightly lower amount of N0.4, although its shares trade higher at N20 per share.
Other banks include Stanbic IBTC, which is set to reward investors with N0.15 while shares trade at N2.83 on the NSE. Fidelity Bank and Sterling are set to pay N0.22 and N0.05, with shares selling for N2.58 and N1.85 respectively.
Another financial institution that is paying dividends is Infinity Trust Mortgage Fund, which is set to pay its investors N0.04 while shares trade at N1.36. Also, Nem Insurance is set to pay a higher amount of N2.07 with shares selling for as high as N73.5 on the stock market.
In other sectors, Oil and Gas company, 11 Plc, is to reward investors with N8.5 while its shares trade at N228 on the NSE. Caverton Offshore, which provides aviation logistics to oil companies is set to pay N0.1 with a share price at N1.95.
Construction giant Julius Berger is set to pay N0.09 with its shares trading at N2.13, and paints company Berger intends to pay N0.4 with a share price of N6.5.
Lafarge Africa Plc is set to pay N3.6 with its shares selling for N50.95 while Transnational Corporation of Nigeria, owners of Transcorp Hotels, will pay N0.01 as its shares sell at N0.82.
TODAY ON THE NIGERIAN STOCK EXCHANGE
A total of 224,594,153 shares were traded in 4,675 deals, this was worth about N2,143,445,981.33. This brings the NSE market capitalization to N20.29 trillion.
34 million shares of UACN were traded today, making it the highest traded stock today in volume. Next was Access Bank with 26.35 million, FBN Holdings with 18.93 million, and Zenith Bank with 16.59 million.
On the part of gainers, Eterna shone with its share price rising by 9.91 percent to close the day at N5.99 for every share. Linkage Assurance was next with an N9.72 percent rise. Royal Exchange and Japaul Gold were third and fourth with shares going up by 9.09 percent ad 8.89 percent respectively.
For losers, MRS Oil Nigeria lost 9.92 percent of its share price to trade at N10.9, followed by Aluminum Extrusion Industries that lost 9.88 percent. Consolidated Hallmark Insurance and Sterling Bank also lost, shedding 9.38 and 8.65 percent respectively.
All-Share Index of the stock exchange closed at 38,766.61, a decrease of 0.39 percent (150.13), this is a 1.15 percent drop from last week's index.
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