- Nigerian stock investors favor the month of April due to the expected huge payout from companies
- MTN Nigeria, Dangote Cement, Nestle, and other Nigerian companies have already announced dividend payments in April 2023
- There are 157 publicly traded companies in Nigeria with a market value exceeding N2 trillion
Nigerian stock investors eagerly anticipate April every year, as many companies pay out dividends to their shareholders during this time.
A dividend is a reward given by companies to their shareholders, subject to approval by the board of directors and shareholders.
