By Olatunde Dodondawa
Investors have earned over N700Billion from dividend payout by companies listed on Nigerian Exchange (NGX of the Exchange) Limited.
So far, 58 companies across ten sectors of quoted companies on The Exchange have paid out N732,915,168,509.29. This is broken down as follows: financial services (21), consumer goods (7), industrial goods (6), oil & gas (5), healthcare (4), services (4), ICT (3), natural resources (2), construction/real estate (2), agriculture (2) and conglomerates (2).
Overall, Dangote Cement has made the highest dividend payout, followed by MTN, GTCO, BUA Cement, and Stanbic IBTC as the top five highest dividend payments so far.
| DANGOTE CEMENT PLC | INDUSTRIAL GOODS | 272,648,118,480.00 |
| MTN NIGERIA COMMUNICATIONS PLC | ICT | 92,613,034,377.00 |
| GUARANTY TRUST HOLDING COMPANY PLC | FINANCIAL SERVICES | 79,464,183,904.00 |
| BUA CEMENT PLC | INDUSTRIAL GOODS | 69,997,619,842.02 |
| STANBIC IBTC HOLDINGS PLC | FINANCIAL SERVICES | 46,645,189,786.80 |
