Here are 10 Nigerian Stocks to Profit From if You Buy Now

One way that investors profit from owning stocks apart from capital gains (when the stock price goes up) is through dividends.

A number of stocks which can be bought on the Nigerian exchange group (NGX) have announced dividend payments.

They include :

• Seplat Energy (SEPLAT)announced that they will be giving their investors as of May 5th (qualifying date) a final dividend payment of $0.025. Payment will be made on May 25th.
• National Salt Co. Plc. (NASCON)announced that they will be giving their investors as of May 5th (qualifying date) a final dividend per share of N0.4. Payment will be made on June 6th.
• NEM Insurance Plc. (NEM)will be giving their investors as of April 9th (qualifying date) a final dividend per share of N0.22. Payment will be made on May 19th.
• AIICO Insurance Plc. (AIICO)announced that they will be giving their investors as of May 20th (qualifying date) a final dividend per share of N0.02 and a bonus of 12 shares for every 9 shares held. Payment will be made on May 30th.
• Jaiz Bank Plc. (JAIZBANK)announced that they will be giving their investors as of May 26th (qualifying date) a final dividend per share of N0.04/share. Payment will be made on June 8th.
• Sterling Bank Plc. (STERLNBANK)announced that they will be giving their investors as of May 27th qualifying date) a final dividend per share of N0.1. Payment will be made on June 16th.
• Dangote Cement (DANGOTECEM)announced that they will be giving their investors as of May 30th (qualifying date) a final dividend per share of N20. Payment will be made on June 15th.
• Dangote Sugar (DANGOTESUGAR)announced that they will be giving their investors as of June 1st (qualifying date) a final dividend per share of N1.0. Payment will be made on June 16th.
• BUA Cement Plc. (BUACEMENT)announced that they will be giving their investors as of July 8th (qualifying date) a final dividend per share of N2.6. Payment will be made on July 21st.
• Beta Glass Plc. (BETAGLAS)announced that they will be giving their investors as of June 10th (qualifying date) a final dividend payment of N1.1/share and a bonus of 1 extra share for every 5 shares held. Payment will be made on July 5th.

Invstors can buy shares from brokerage firms like Chaka or Meristem.