UBA, GTCO Top High Dividend Yield Stocks in Nigerian Bourse
Investors seeking robust income streams have a selection of equities offering rock-solid growth potential and impressive dividend yields. These companies do not only provide attractive returns but also demonstrate strong financial performance metrics, making them appealing choices for income-focused portfolios.
1. United Bank for Africa (UBA) – 13.6% Yield
UBA stands out with a substantial dividend yield, reflecting its commitment to shareholder returns. The bank declared a total dividend of N5.00 per share for the 2024 financial year, comprising N3.00 final and N2.00 interim dividends. Despite a 7.9% decline in share price year-to-date, the yield remains attractive, underpinned by consistent earnings and a strong market presence.
2. Guaranty Trust Holding Company (GTCO) – 11.6% Yield
GTCO offers a compelling dividend yield, supported by robust financial metrics. The company declared a total dividend of N8.03 per share for 2024, marking a 151% increase from the previous year. With a projected dividend of N9.20 per share for 2025, the yield is expected to remain strong, reflecting the company’s solid profit growth and commitment to shareholder value.
3. Fidelity Bank – 10.5% Yield
Fidelity Bank has emerged as a favorite among dividend-focused investors. For 2024, the bank declared a total dividend of N2.10 per share, up from N0.60 in the previous year, representing a 231% increase. This growth is backed by a 131.5% rise in profit before tax, highlighting the bank’s strong financial health and commitment to rewarding shareholders.
4. Zenith Bank – 10.4% Yield
Zenith Bank continues to be a reliable dividend payer. The bank declared a total dividend of N5.00 per share for 2024, amounting to N195.67 billion in total payout. With a projected dividend of N8.00 per share for 2025, the yield is expected to increase, supported by strong earnings growth and a solid capital base.
5. SFS Real Estate Investment Trust (REIT) – 10.4% Yield
SFS REIT offers a stable income stream through its real estate investments. The trust has consistently paid dividends, supported by rental income from its property portfolio. While the company’s figures for 2025 presents a robust revenue growth and incrome, the trust’s historical performance suggests continued strong returns for investors.
6. United Capital – 9.2% Yield
United Capital provides an attractive dividend yield, underpinned by its diversified investment portfolio. The company has demonstrated consistent profitability, supported by its asset management, investment banking, and securities trading operations. While specific dividend figures for 2025 are yet to be announced, the company’s track record, in line with an increase in gross earnings of 113%, total assets, and a significant uptick in shareholders’ funds of 21%, all indicate a commitment to shareholder returns.
7. Wema Bank – 9.1% Yield
Wema Bank has shown significant improvement in its financial performance. The bank declared a final dividend of N1.00 per share for the 2024 financial year, doubling the previous year’s payout. With a pre-tax profit increase of 134.79% and a year-to-date share price gain of 35.71%, Wema Bank is positioning itself as a strong contender in the dividend space.
8. NPF Microfinance Bank – 8.5% Yield
NPF Microfinance Bank offers a steady dividend yield, supported by its niche in providing financial services to underserved segments. The bank has maintained consistent profitability, ensuring reliable returns for its investors.
The bank’s dividend figures for 2025 stand at 16 kobo compared to the previous year’s 9 kobo amid gross earnings nearly doubled. The bank’s historical performance suggests continued shareholder value sequel to improved revenue reported in other interest income and profit before tax and profit tax, respectively.
9. National Aviation Handling Company (NAHCO) – 8.5% Yield
NAHCO provides essential ground handling services to the aviation industry, ensuring steady revenue streams. The company has demonstrated resilience, maintaining profitability even amid industry challenges. Dividend figures forecast for 2025 stood at N22.2 compared to the previous year of 82 kobo, NAHCO’s consistent performance indicates an ongoing commitment to shareholder returns amid revenue growth and an increase in finance income with impressive profit after tax.
10. UPDC Real Estate Investment Trust (REIT) – 8.2% Yield
UPDC REIT offers investors exposure to the real estate sector with attractive dividend yields. The trust has a diversified property portfolio, generating rental income that supports its dividend payouts.
Rental income grew in 2025 from N349.7 billion to N425.7 billion. The trust’s historical performance suggests continued strong returns for investors amidst tough macroeconomic conditions. Its revenue dropped slightly compared with industry peers. Though, investors’ sentiments remained strong about its potential and value proposition.
The Nigerian stock market in 2025 has continued to present a range of high-dividend yield opportunities across various sectors and market segments in view of their financial performance and fundamentals. #UBA, GTCO Top High Dividend Yield Stocks in Nigerian Bourse First Holdco Profit Plunges by 18% in Q1-2025
