Seplat Energy Plc, Okomu Oil Palm Plc, Stanbic IBTC Holdings Plc, BUA Cement Plc, MTN Nigeria Communications Plc and Zenith Bank Plc are among NGX-listed companies paying dividends in May 2026, with different registrars appointed to manage the payment process.

This is according to data compiled by Nairametrics Research from corporate disclosures filed by the companies with the Nigerian Exchange (NGX) and Nairametrics Dividend Watchlist, including dividend notices, AGM notices and registrar information.

The companies cut across oil and gas, agriculture, banking, industrial goods, insurance, consumer goods, real estate and investment services, reflecting the broad spread of dividend-paying firms on the Nigerian Exchange during the month.

The payment dates listed include both completed and upcoming May 2026 dividend distributions.

For investors, the registrar is important because it is the first point of contact when dividends are not received after the payment date. Typically, dividend processing may take up to two weeks after the payment date.

Shareholders who do not receive payment after this period should contact their registrar for resolution. The Securities and Exchange Commission (SEC) e-Dividend Mandate Management System (e-DMMS) allows shareholders to electronically register bank details for dividend payment.

Shareholders who do not get their dividends are expected to contact the relevant registrar to confirm their bank mandate, e-dividend status, shareholding details or any issue affecting payment.

Below are the registrars to contact in case of a failed dividend payment 

Datamax Registrars Limited 

  • Seplat Energy Plc (May 29, 2026) 
  • Zichis Agro Allied Industries Plc (paid May 7, 2026)

Zichis Agro Allied Industries Plc paid N0.20 per share and also approved a one-for-one bonus share issue.

Cardinal Stone Registrars Limited 

  • Okomu Oil Palm Plc (May 26, 2026) 

First Registrars & Investor Services Limited 

  • Stanbic IBTC Holdings Plc (May 26, 2026) 
  • UPDC Real Estate Investment Trust (Paid May 6, 2026)

UPDC Real Estate Investment Trust paid N0.33 per unit.

Africa Prudential Plc

  • VFD Group Plc (May 25, 2026)
  • BUA Cement Plc (May 21, 2026)
  • Transnational Corporation Plc (Paid May 8, 2026)

Transnational Corporation Plc paid N1.60 per share.

Greenwich Registrars & Data Solutions Limited 

  • Meyer Plc (May 25, 2026) 
  • Wema Bank Plc (May 20, 2026) 
  • Eterna Plc (Paid May 12, 2026) 
  • Unilever Nigeria Plc (Paid May 8, 2026) 

Eterna Plc paid N0.50 per share, while Unilever Nigeria Plc paid N3.25 per share.

Meristem Registrars & Probate Services Limited 

  • Berger Paints Nigeria Plc (May 21, 2026)
  • Custodian Investment Plc (Paid May 8, 2026)
  • UPDC Plc (Paid May 7, 2026)

Custodian Investment Plc paid N2.50 per share, while UPDC Plc paid N0.01 per share.

Apel Capital Registrars Limited 

  • NEM Insurance Plc (May 14, 2026)

Coronation Registrars Limited 

  • MTN Nigeria Communications Plc (paid May 5, 2026)

MTN Nigeria Communications Plc paid N15.00 per share, bringing its total dividend for the 2025 financial year to N20.00 per share.

Veritas Registrars Limited 

  • Zenith Bank Plc (paid May 5, 2026)

Zenith Bank Plc paid a final dividend of N8.75 per share, bringing its total dividend for the 2025 financial year to N10.00 per share, including the interim dividend of N1.25.

What you should know

In a recent article published by Nairametrics, Nigeria’s equities market dividend season was described as entering its busiest period, with several NGX-listed companies scheduled to meet shareholders between mid-May and the end of the month for Annual General Meetings.

  • Many of the companies paying dividends in May are also holding AGMs during the same period, where shareholders are expected to approve dividend payouts, bonus share issues, board changes, and other corporate resolutions.
  • Seplat Energy, BUA Cement, Stanbic IBTC Holdings and Okomu Oil Palm are among the major companies with upcoming AGMs, with proposed dividends of US$0.083 (US5 cents and US3.3 cents special), N10.00, N4.00 and N15.00 per share respectively.
  • Some companies are offering shareholders more than cash dividends. NAHCO proposed a 1-for-7 bonus issue, while Infinity Trust Mortgage Bank is expected to seek approval for a 1-for-1 bonus issue alongside its cash dividend.
  • Several companies have already concluded their AGMs earlier in May, including Zenith Bank, Transcorp, Unilever Nigeria and Custodian Investment, while MTN Nigeria had earlier approved a final dividend of N15.00 per share at its AGM held on April 30, 2026.

Investors who do not receive their dividend after the payment date can contact their registrars via its official email, phone lines or office channels to confirm their e-dividend mandate, bank details and shareholder records.

Other News

Seplat Energy Plc, Okomu Oil Palm Plc, Stanbic IBTC Holdings Plc, BUA Cement Plc, MTN Nigeria Communications Plc and Zenith Bank Plc are among NGX-listed companies paying dividends in May 2026, with different registrars appointed to manage the payment process.

This is according to data compiled by Nairametrics Research from corporate disclosures filed by the companies with the Nigerian Exchange (NGX) and Nairametrics Dividend Watchlist, including dividend notices, AGM notices and registrar information.

The companies cut across oil and gas, agriculture, banking, industrial goods, insurance, consumer goods, real estate and investment services, reflecting the broad spread of dividend-paying firms on the Nigerian Exchange during the month.

The payment dates listed include both completed and upcoming May 2026 dividend distributions.

For investors, the registrar is important because it is the first point of contact when dividends are not received after the payment date. Typically, dividend processing may take up to two weeks after the payment date.

Shareholders who do not receive payment after this period should contact their registrar for resolution. The Securities and Exchange Commission (SEC) e-Dividend Mandate Management System (e-DMMS) allows shareholders to electronically register bank details for dividend payment.

Shareholders who do not get their dividends are expected to contact the relevant registrar to confirm their bank mandate, e-dividend status, shareholding details or any issue affecting payment.

Below are the registrars to contact in case of a failed dividend payment 

Datamax Registrars Limited 

  • Seplat Energy Plc (May 29, 2026) 
  • Zichis Agro Allied Industries Plc (paid May 7, 2026)

Zichis Agro Allied Industries Plc paid N0.20 per share and also approved a one-for-one bonus share issue.

Cardinal Stone Registrars Limited 

  • Okomu Oil Palm Plc (May 26, 2026) 

First Registrars & Investor Services Limited 

  • Stanbic IBTC Holdings Plc (May 26, 2026) 
  • UPDC Real Estate Investment Trust (Paid May 6, 2026)

UPDC Real Estate Investment Trust paid N0.33 per unit.

Africa Prudential Plc

  • VFD Group Plc (May 25, 2026)
  • BUA Cement Plc (May 21, 2026)
  • Transnational Corporation Plc (Paid May 8, 2026)

Transnational Corporation Plc paid N1.60 per share.

Greenwich Registrars & Data Solutions Limited 

  • Meyer Plc (May 25, 2026) 
  • Wema Bank Plc (May 20, 2026) 
  • Eterna Plc (Paid May 12, 2026) 
  • Unilever Nigeria Plc (Paid May 8, 2026) 

Eterna Plc paid N0.50 per share, while Unilever Nigeria Plc paid N3.25 per share.

Meristem Registrars & Probate Services Limited 

  • Berger Paints Nigeria Plc (May 21, 2026)
  • Custodian Investment Plc (Paid May 8, 2026)
  • UPDC Plc (Paid May 7, 2026)

Custodian Investment Plc paid N2.50 per share, while UPDC Plc paid N0.01 per share.

Apel Capital Registrars Limited 

  • NEM Insurance Plc (May 14, 2026)

Coronation Registrars Limited 

  • MTN Nigeria Communications Plc (paid May 5, 2026)

MTN Nigeria Communications Plc paid N15.00 per share, bringing its total dividend for the 2025 financial year to N20.00 per share.

Veritas Registrars Limited 

  • Zenith Bank Plc (paid May 5, 2026)

Zenith Bank Plc paid a final dividend of N8.75 per share, bringing its total dividend for the 2025 financial year to N10.00 per share, including the interim dividend of N1.25.

What you should know

In a recent article published by Nairametrics, Nigeria’s equities market dividend season was described as entering its busiest period, with several NGX-listed companies scheduled to meet shareholders between mid-May and the end of the month for Annual General Meetings.

  • Many of the companies paying dividends in May are also holding AGMs during the same period, where shareholders are expected to approve dividend payouts, bonus share issues, board changes, and other corporate resolutions.
  • Seplat Energy, BUA Cement, Stanbic IBTC Holdings and Okomu Oil Palm are among the major companies with upcoming AGMs, with proposed dividends of US$0.083 (US5 cents and US3.3 cents special), N10.00, N4.00 and N15.00 per share respectively.
  • Some companies are offering shareholders more than cash dividends. NAHCO proposed a 1-for-7 bonus issue, while Infinity Trust Mortgage Bank is expected to seek approval for a 1-for-1 bonus issue alongside its cash dividend.
  • Several companies have already concluded their AGMs earlier in May, including Zenith Bank, Transcorp, Unilever Nigeria and Custodian Investment, while MTN Nigeria had earlier approved a final dividend of N15.00 per share at its AGM held on April 30, 2026.

Investors who do not receive their dividend after the payment date can contact their registrars via its official email, phone lines or office channels to confirm their e-dividend mandate, bank details and shareholder records.