TL;DR: Yes, the current dividend yield for WEMABANK is 4.42% at a live market price of ₦22.65. The annual payout is ₦1.00 per share.
TL;DR: Wema Bank has shown explosive dividend growth, doubling its payout from ₦0.50 to ₦1.00 recently. While investors wait for the FY 2025 audited results to clear the CBN, the bank currently offers a live 4.42% yield driven by the massive success of ALAT.
Current Price
₦22.65
Dividend Yield
4.42%
Annual Payout
₦1.00
Next Expected
Analyst Projection
The pending final payout is estimated at ₦1.20 - ₦1.50 (Est.) per share, pending regulatory clearance.
Growth Trend
Increasing Rapidly
Payment Consistency
7 Years
Avg Growth Rate
High
Investor Profile
Growth & Income investors
Historical cash distribution trend for WEMABANK
| Year | Type | Amount | Qualification | Payment |
|---|---|---|---|---|
| 2024 | Final | ₦1.00 | May 2, 2025 | May 22, 2025 |
| 2023 | Final | ₦0.50 | May 10, 2024 | May 28, 2024 |
| 2022 | Final | ₦0.30 | May 10, 2023 | May 31, 2023 |
| 2021 | Final | ₦0.24 | April 28, 2022 | May 20, 2022 |
| 2020 | Final | ₦0.12 | May 14, 2021 | May 25, 2021 |
| 2019 | Final | ₦0.12 | May 7, 2020 | May 18, 2020 |
| 2018 | Final | ₦0.09 | April 29, 2019 | May 13, 2019 |
Wema Bank PLC is the pioneer of Africa's first fully digital bank, ALAT. The bank has successfully transitioned from a traditional Tier-2 lender into a leading fintech-driven commercial bank in Nigeria.
Dividend Analysis: Wema Bank maintains an aggressive dividend growth policy. By consistently increasing its payout in recent financial years, the bank is rewarding loyal shareholders while aggressively reinvesting in its digital infrastructure.
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