Top 10 Nigerian Stocks with Highest Dividend Payouts in H1 2025 — Over N927 Billion Returned to Investors

In the first half of 2025, Nigerian listed companies returned a staggering ₦927.63 billion in cash dividends to shareholders, marking a significant 30% increase from the ₦715.47 billion paid out during the same period in 2024. This surge highlights the growing appeal of dividend-paying stocks in the Nigerian Exchange (NGX), especially for investors seeking consistent income amid market volatility.

Dividend payments continue to be a major factor shaping investor sentiment in the Nigerian capital market. More than just a financial benefit, they serve as a confidence signal—indicating profitability, stability, and strong corporate governance. In fact, dividend consistency often elevates a stock’s reputation, attracting income-focused investors and pushing it into the exchange’s premium tier.

Analysts note that local investors are increasingly drawn to dividend income, not just capital appreciation. With interest rates and inflation creating uncertainty, strong dividend payouts are seen as a reliable hedge and a source of passive income. As more investors flock to high-yielding stocks, market liquidity and trading volumes tend to rise.

Among the top performers, Geregu Power Plc secured the 10th position, distributing ₦21.25 billion in dividends to shareholders—up 6.25% from the ₦20 billion paid in H1 2024. Shareholders recorded on March 13, 2025, received ₦8.50 per share. Geregu reported ₦87.6 billion in revenue, while pretax profit declined slightly to ₦26.3 billion due to rising operational costs.

The full list of top 10 dividend-paying stocks in Nigeria for H1 2025 reflects a broader trend of enhanced shareholder value. As more companies prioritize regular cash returns, dividend stocks are likely to remain a key driver of investor interest and market stability going forward.

Source: Nairametrics