Seven companies listed on the Nigerian Exchange (NGX) are scheduled to pay dividends to shareholders in July 2026, demonstrating continued commitment to investor returns despite recent market volatility.
The dividend payments, drawn from corporate filings and audited financial statements submitted to the NGX, span multiple sectors, including industrial manufacturing, healthcare, insurance, financial technology, energy and food production.
Dangote Cement Plc will make the first payment on July 2, offering shareholders the highest dividend among the companies with a proposed final dividend of N45.00 per share. The cement manufacturer recorded strong financial performance in 2025, with revenue rising to N4.31 trillion and profit after tax surpassing N1 trillion.
Chams Holding Company Plc is scheduled to pay a final dividend of N0.03 per share on July 10 after reporting higher revenue and modest growth in profit, while also reducing its accumulated losses during the financial year.
Food manufacturer BUA Foods Plc will distribute a final dividend of N28.00 per share on July 15 following a year of robust earnings growth. The company nearly doubled its profit after tax to N518.39 billion as revenue climbed to N1.77 trillion.
Cornerstone Insurance Plc is expected to pay shareholders N0.28 per share on July 20. Although the insurer posted stronger revenue during the year, its profit declined compared to the previous financial year, even as retained earnings improved.
Financial technology firm E-Tranzact International Plc has fixed July 23 for the payment of a N12.50 per share final dividend. The company recorded slight revenue growth in 2025 but reported lower profitability, while maintaining an increase in retained earnings.
Energy company Aradel Holdings Plc will reward investors with a final dividend of N23.00 per share on July 30 after delivering exceptional financial results. The company posted a sharp increase in profit after tax alongside significant growth in retained earnings.
Fidson Healthcare Plc rounds off the dividend calendar with a payment of N1.50 per share on July 31. The pharmaceutical company reported impressive revenue and profit growth during the 2025 financial year, supported by improved earnings and a stronger retained earnings position.
The scheduled dividend payments come against the backdrop of a challenging period for the Nigerian stock market, where the NGX All-Share Index experienced a sharp decline in June amid increased sell-offs. Despite the market correction, analysts maintain that several fundamentally strong companies continue to deliver solid financial performance and attractive returns to shareholders, with sectors such as oil and gas, industrial goods and telecommunications remaining key drivers of market value creation.
