Nigerian Breweries

Nigerian Breweries Dividend

The Dividend of Nigerian Breweries (NB.NL) as of Nov 4, 2026 is 0.95 NGN. In the previous year, Dividend was 1.19 NGN — a change of -19.53% (lower).

Dividend

0.95NGN

YoY

-19.53%

Dividend yield

1.29 %

Last updated:

How much dividend does Nigerian Breweries 2026 pay?

According to the latest status from November 2026, Nigerian Breweries paid a total of 0.95 NGN per share in dividends within the last 12 months. With the current Nigerian Breweries price of 73.75 NGN, this corresponds to a dividend yield of 2.59 %. A dividend is paid times per year.

Nigerian Breweries currently offers a dividend yield of about 1.29%.

Historical Nigerian Breweries Dividends

Historical Nigerian Breweries Dividends
PaydateDividend
0.95NGN
0.30NGN
0.89NGN
0.30NGN
0.51NGN
0.19NGN
1.12NGN
0.37NGN
1.36NGN
0.44NGN
2.32NGN
0.74NGN
1.91NGN
0.74NGN
2.67NGN
0.89NGN
2.59NGN
0.93NGN
3.33NGN
2.22NGN
2.22NGN
0.93NGN
0.85NGN
0.66NGN
1.11NGN

The Nigerian Breweries Dividend history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Date
Dividend
Jan 1, 2021
0.81 NGN
Jan 1, 2022
1.19 NGN
Jan 1, 2023
0.95 NGN
Jan 1, 2024
0.00 NGN
Jan 1, 2025 (e)
1.91 NGN
Jan 1, 2026 (e)
1.91 NGN
Jan 1, 2027 (e)
1.91 NGN
Jan 1, 2028 (e)
1.91 NGN
The Nigerian Breweries Dividend history
YEARDividendYoY
est1.91NGN0.00%
est1.91NGN0.00%
est1.91NGN0.00%
est1.91NGN—
0.00NGN-100.00%
0.95NGN-19.53%
1.19NGN+46.79%
0.81NGN-53.22%
1.73NGN-37.53%
2.76NGN+4.19%
2.65NGN-22.18%
3.41NGN-2.13%
3.48NGN—

Nigerian Breweries dividend history and estimates

In 2025, Nigerian Breweries paid a dividend amounting to 1.91 NGN. Dividend means that Nigerian Breweries distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2018
2.76 NGN
0.00 NGN
Jan 1, 2019
1.73 NGN
0.00 NGN
Jan 1, 2021
0.81 NGN
0.00 NGN
Jan 1, 2022
1.19 NGN
0.00 NGN
Jan 1, 2023 (e)
0.95 NGN
0.95 NGN
Jan 1, 2025 (e)
0.00 NGN
1.91 NGN
Jan 1, 2026 (e)
0.00 NGN
1.91 NGN
Jan 1, 2027 (e)
0.00 NGN
1.91 NGN

Is the Nigerian Breweries Dividend Safe?

Nigerian Breweries has been increasing the dividend for 0 years.

Analysts expect a Dividend Cut of -100.00% for the current fiscal year.

Nigerian Breweries dividend payout ratio

In 2025, Nigerian Breweries had a payout ratio of 31.74%. The payout ratio indicates the percentage of the company's profits that Nigerian Breweries distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2019
107.16 %
Jan 1, 2021
69.53 %
Jan 1, 2022
101.18 %
Jan 1, 2023
-10.10 %
Jan 1, 2024
92.62 %
Jan 1, 2025 (e)
31.74 %
Jan 1, 2026 (e)
27.00 %
Jan 1, 2027 (e)
21.93 %

Dividend Details

Understanding Nigerian Breweries's Dividend Distributions

Nigerian Breweries’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Nigerian Breweries's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Nigerian Breweries's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Nigerian Breweries’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Nigerian Breweries Stock analysis

What does Nigerian Breweries do? Nigerian Breweries PLC generates revenue through the production and sale of various beverage products under its portfolio of brands. The company's core offerings include lager beers such as Star lager, Gulder lager, Heineken lager, and premium brands like Desperados with its tequila flavor. Non-alcoholic products like Maltina, a nourishing malt drink, and Fayrouz, a non-alcoholic soft drink, also contribute significantly to sales. The firm markets and sells these products across Nigeria, targeting consumers seeking both alcoholic and non-alcoholic beverage options. Ancillary business activities, including manufacturing bottles, cans, and packaging materials, further support revenue streams by supplying essential components for its beverage production. The company's brand portfolio features products such as Maltina Sip-it, Legend Extra Stout, Amstel Malta, and Malta Gold, which are marketed to diverse consumer segments. Lager beers like 33 Export, Williams dark ale, and Turbo Kings dark ale cater to traditional beer drinkers, while newer offerings like Star Lite and Star Radler appeal to younger demographics. The firm's focus on both established brands and innovative product lines ensures consistent market presence. Sales channels include retail outlets, supermarkets, and hospitality venues, where its products are distributed under the Nigerian Breweries PLC brand name. Nigerian Breweries PLC's revenue model relies on selling its branded beverages directly to consumers through a wide network of distributors and retailers. Key products such as Star lager, Gulder lager, and Maltina are consistently popular across different regions in Nigeria, driving steady sales volumes. The company also benefits from ancillary manufacturing, which produces packaging materials like crown corks and cartons, reducing external procurement costs and enhancing overall profitability. This integrated approach to production and distribution strengthens the company's market position and ensures sustainable revenue generation. Nigerian Breweries is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nigerian Breweries stock

Over the past 12 months, Nigerian Breweries paid a dividend of 0.95 NGN . This corresponds to a dividend yield of about 1.29 %. For the coming 12 months, Nigerian Breweries is expected to pay a dividend of 1.91 NGN.

The current dividend yield of Nigerian Breweries is 1.29 %.

Nigerian Breweries pays a dividend, distributed in the months of November, March.

Nigerian Breweries paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 1.91 NGN are expected. This corresponds to a dividend yield of 2.59 %.

Nigerian Breweries is assigned to the 'Non-cyclical consumption' sector.

To receive the latest dividend of Nigerian Breweries from 4/26/2023 amounting to 0.95 NGN, you needed to have the stock in your portfolio before the ex-date on 3/17/2023.

The last dividend was paid out on 4/26/2023.

In the year 2023, Nigerian Breweries distributed 0.95 NGN as dividends.

The dividends of Nigerian Breweries are distributed in NGN.

Dividend calendar 2026

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All Key Metrics — Nigerian Breweries