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Olumide Adesina

@TokunboAdesina

How to buy #dividend-paying Stocks

If you’re looking to collect #dividends from your #stock purchases, it's safe to be thinking of large corporations

Large firms like #Cisco, AT&T, #Stanbic, #Dangote, #GTbank, #ZenithBank, #Apple have a long history of financial stability and low volatility

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Olumide Adesina

@TokunboAdesina

Trading in the top three equities namely #AccessBank Plc., #ZenithBank Plc., and #AXA Mansard Insurance Plc. (measured by volume) accounted for 1.439 billion shares worth N13.881 billion in 2,972 deals

#NigerianStocks unsurprisingly recorded impressive gains W/W, as #investors increased their buying pressure, especially #NSE30 stocks that include #Dangote, #Airtel, and lately #Guinness

#Nigerian’s crude, selling at $51/barrel, kept stocks rally up. #Stock experts anticipate the present bullish run currently playing at #Africa’s best-performing #equity market will remain long term, albeit alongside #profit-taking seen lately at its last trading session

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Olumide Adesina

@TokunboAdesina

Consequently, market capitalization and year to date return settled at N17.78 trillion and 30.91% respectively. A total volume of 264.2million units of shares, valued at N2.94billion exchanged hands in 4,354 deals

#Access Bank was the most traded shares by volume at 36.4million units, while #ZenithBank topped by value at N538.6million

The sectorial performance was positive as the Insurance, Industrial, #Banking, and #Energy indexes advanced by +3.50%, +2.40%, +2.04%, and 0.42% respectively

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