What are Dividends?

What are Dividends?

A dividend is cold hard cash that companies pay out to their shareholders from their profits.

Mature companies that make consistent profits are more likely to pay dividends. Younger companies usually don’t pay out dividends as they’re focused on using their profits to grow their business.


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    • What are Dividends?

      A dividend is cold hard cash that companies pay out to their shareholders from their profits. Mature companies that make consistent profits are more likely to pay dividends. Younger companies usually don’t pay out dividends as they’re focused on ...

    • How do I receive dividends?

      For global assets, dividends will be automatically added to your global wallet. For local assets, you can receive dividends directly into your bank account. See more here https://sec.gov.ng/non-mandated/

    • How Do I Receive Dividends on Local Stocks?

      Nigeria’s capital market regulator, the Securities and Exchange Commission (SEC), require that Registrars pay investors' dividends to their bank accounts. Investors are required to fill their respective Registrar's e-mandate form (you can download ...

    • Do I pay local taxes as a NG citizen investing in Nigeria?

      Taxes are due on dividends but not asset appreciation. Please consult with your local tax advisor for more clarity.

    • Do I pay local taxes as a NG citizen investing in Nigeria?

      Taxes are due on dividends but not asset appreciation. Please consult with your local tax advisor for more clarity.