Nigeria’s equities market enters the new week with a modest slate of corporate actions, according to the latest Afrinvest Corporate Actions Update (17 November 2025).
While no new dividend declarations were recorded, payout activity from major listed companies—NGX Group, MTN Nigeria, Aradel Holdings, and Presco, continues to shape investor sentiment as fund managers reposition ahead of year-end.
Aradel and MTN Close Books for Interim Dividends
Two key companies completed closure of their shareholder registers for interim dividends:
Aradel Holdings declared an interim dividend of ₦10.0 for the 9M 2025, with a divided yield of 1.4%. Closure Date is 20th November 2025, and Payment date is 28th November 2025.
MTN Nigeria declared an interim dividend of ₦5.00 with a dividend yield of 1.0%, for the 9M 2025. Closure Date 20 November 2025, and Payment Date is 28th November 2025.
Both companies remain among the most closely watched earnings-season bellwethers, and their interim payouts strengthen the defensive appeal of telecoms and energy names in current volatile market conditions.
NGX Group, Presco Set for Dividend Payments
The week also features confirmed dividend payouts from three companies:
NGX Group is paying a dividend of ₦1.00 per share, with a dividend of yield of 1.9%. Payment Date is18 November 2025
Presco Plc is sharing Two dividends: ₦20.00 (H1 2025) and ₦10.00 (9M 2025). Dividend yields are 1.4% and 0.7% respectively. Payment Date is 21 November 2025
Agric-industrial player Presco continues its tradition of regular payouts, aligning with its reputation as one of the most shareholder-friendly stocks on the NGX.
Last Week’s Corporate Actions: Quiet but Consistent
The previous week remained tame with no new declarations, though Ikeja Hotel and Presco concluded book closures for their interim dividends.
Only Okomu Oil made a payment last week—₦10.00 per share representing a 0.9% yield.
Dividend Yield Leaders for 2025
Afrinvest’s chart of Stocks with the Highest Dividend Yield for the Calendar Year continues to show strong outperformance by a handful of income stocks. While exact tickers are not listed in the summary image, the chart suggests a clear dominance of:
- Upstream energy companies
- Palm oil producers
- Select financial services firms
These sectors remain the major destinations for institutional income-focused portfolios.
Investor Takeaway: Income Stocks Regain Momentum
The absence of new declarations this week does not dampen the improving outlook for yield-seeking investors:
Telecoms (MTN), energy (Aradel), and agro-industry (Presco, Okomu) continue to anchor the dividend landscape.
NGX Group’s 1.9% dividend yield reinforces the appeal of exchange-linked equities amid recovering capital-market activity.
With inflation moderating and fixed-income yields stabilising, equity dividends are becoming attractive again in real terms.
For retail and institutional investors repositioning portfolios for Q4, the Afrinvest update signals that steady dividend payers may outperform high-beta stocks in the coming weeks, especially as companies begin preparing 2025 full-year results.
