Guaranty Trust Holding Company (GTCO) Plc is the best dividend paying company in Nigeria, as investors are getting back more for each Naira they invest in the equity position. The lender’s stock has a dividend yield of 17.18 percent, which is higher than United Bank for Africa’s, (14.18%); Zenith Bank, (14%); AXA Mansard, (13.89%); United Capital, (12.61%); Total, (10.52%); Stanbic IBTC, (10.53%), and Access Bank, (8.43 percent). Dividends provide steady income to investors and most of them perceive it as a signal of a company’ financial strength, which is why…
Read MoreGUARANTEE TRUST HOLDCO EMERGES THE BEST DIVIDEND STOCK TO BUY
