• Home
  • About Us
  • Contact Us
Wednesday, May 21, 2025
Star Lite News
  • Home
  • News
    • All
    • Business
    WAEC Candidate

    Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Public Holiday

    Catholic Priest-Kaduna

    Kidnapped Catholic Priest Freed in Kaduna unharmed

    EBS

    EBS to Launch New Flagship News Program “EBS Tonight” on May 5

    Public Holidays

    FG Declares Public Holidays for Easter Celebration

    Dangote Cement

    Minister hails Dangote Cement over host community youth development

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    AMVCA

    AMVCA 2025 Awards: Full List Of Winners As Chioma Chukwuka, Femi Adebayo Win Best Actress, Actor

    Nathaniel Bassey

    Nigeria’s Gospel Music Maestro Nathaniel Bassey To Minister At Trump’s Inaugural Prayer Breakfast

    Doris Ogah

    Doris Ogah Becomes 45th Miss Nigeria

    Netflix

    Netflix Investments Give Life To Nollywood Projects

    BBNaija

    STREEZE become the third pair of housemates to be evicted from season 9 of the #BBNaija show

    "CHAINS - No Longer a Slave"

    CHAINS – No Longer a Slave” Set For Premiere In Abuja Today

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
  • Home
  • News
    • All
    • Business
    WAEC Candidate

    Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase

    Olubunmi Tunji-Ojo-Public Holiday

    FG Declares Public Holiday

    Catholic Priest-Kaduna

    Kidnapped Catholic Priest Freed in Kaduna unharmed

    EBS

    EBS to Launch New Flagship News Program “EBS Tonight” on May 5

    Public Holidays

    FG Declares Public Holidays for Easter Celebration

    Dangote Cement

    Minister hails Dangote Cement over host community youth development

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    AMVCA

    AMVCA 2025 Awards: Full List Of Winners As Chioma Chukwuka, Femi Adebayo Win Best Actress, Actor

    Nathaniel Bassey

    Nigeria’s Gospel Music Maestro Nathaniel Bassey To Minister At Trump’s Inaugural Prayer Breakfast

    Doris Ogah

    Doris Ogah Becomes 45th Miss Nigeria

    Netflix

    Netflix Investments Give Life To Nollywood Projects

    BBNaija

    STREEZE become the third pair of housemates to be evicted from season 9 of the #BBNaija show

    "CHAINS - No Longer a Slave"

    CHAINS – No Longer a Slave” Set For Premiere In Abuja Today

  • Lifestyle
    • All
    • Food
    GTCO Food and Drinks Festival

    Announcing The 2024 GTCO Food And Drink Festival: A Celebration Of Authentic Flavours

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
Star Lite News
No Result
View All Result
Home Banking News

Guaranty Trust HoldCo Emerges The Best Dividend Stock To Buy

starliteadmin by starliteadmin
August 29, 2022
in Banking News
0
GTCO
0
SHARES
0
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter

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 there is the news of a payment that, sometimes, affects the share price.

Of course, dividend paying stocks are known to have weathered severe market storms as companies with strong balance-sheets, steady cash flow, and attractive yields can save investors from inflation as they are expected to grow steadily.

Stanbic IBTC and Seplat Energy have paid interim dividends so far, and it is expected that more will be rewarding their owners from distributable profit.

It must be noted that the equity market rally since the start of the year is partly buoyed by investors’ optimism of steady dividend payment as companies have remained resilient amid a difficult business environment.

The NGXASI has returned 13.95 percent so far this year, but the momentum in stock rally has slowed due to sell offs in bellwether stocks in the last one week.

Tags: GTCOGuaranty Trust Holding CompanyPlcStarlitenews
Previous Post

FG Bans Use Of Foreign Models, Voice-Over Artists For Adverts

Next Post

Universities remains shut as ASUU extends strike

starliteadmin

starliteadmin

Related Posts

Fidelity Bank

10 reasons Fidelity Bank is unshakable in 2025

by starliteadmin
May 20, 2025
0

Fidelity Bank Plc has continued to solidify its reputation as one of Nigeria's most resilient and forward-moving financial institutions. With...

Fidelity Bank

Why Fidelity Bank Plc Is Too Big to Fail

by starliteadmin
May 19, 2025
0

Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the...

Access Bank

Access Bank’s Mortgage Neglect: A Billion-Naira Blind Spot in Nigeria’s Housing Crisis

by starliteadmin
May 18, 2025
0

In the midst of a deepening housing crisis in Nigeria, Access Bank, the country’s largest lender by assets, has shown...

Zenith Bank

ZENITH BANK FETES SHAREHOLDERS WITH DIVIDEND PAYOUT OF N195.67 BILLION, PROMISES QUANTUM LEAP IN FUTURE DIVIDENDS

by starliteadmin
April 30, 2025
0

Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos,...

Access Bank

Panic at Access Bank as Employee Caught Filming Colleagues in Restrooms

by starliteadmin
April 26, 2025
0

An alarming incident has surfaced at Access Bank involving a staff member who reportedly recorded over 400 secret videos of...

Access Holdings

CBN, SEC Fine Access Holdings Over N1 Billion For Contraventions

by starliteadmin
April 17, 2025
0

One of Nigeria’s biggest financial institution, Access Holdings paid over N1 Billion for several contraventions against regulatory bodies including the...

Next Post
ASUU

Universities remains shut as ASUU extends strike

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

  • Tinubu and Timothy

    Prince Chukwudi Timothy Appeals For Dialogue Instead Of Nationwide Protest

    0 shares
    Share 0 Tweet 0
  • Peter Obi says victory of Christ the King College at World Affairs Challenge heartwarming

    0 shares
    Share 0 Tweet 0
  • Family reveals Ifeanyi Ubah’s burial date

    0 shares
    Share 0 Tweet 0
  • ACEACRES24: Akmodel MD Makes Presentations At The 2Days Event (Photos)

    0 shares
    Share 0 Tweet 0
  • Legends of Nollywood Financial Summit Is Here, Meet The Speakers: Apostle Anselm Madubuko, Mrs. Bukola Agbaminoja, Pst. Moji Bakare Asieru-sweet, Others

    0 shares
    Share 0 Tweet 0

Recent Posts

  • Tragedy in Ibadan: WAEC Candidate Killed by Stray Bullet During Police Chase
  • 10 reasons Fidelity Bank is unshakable in 2025
  • Dangote assures of Petrol price stability despite the increase in crude oil price
  • Why Fidelity Bank Plc Is Too Big to Fail
  • Qualifying As Chartered Accountant At Age 17 Is A Dream Come True – Oluwatiseyitan
Starlite news icon

Browse by Category

Archives

  • Home
  • About Us
  • Contact Us

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Contact Us
  • About Us
  • Business
  • Politics
  • World
  • Entertainment
  • Lifestyle

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

  • https://starlitenews.com.ng/2024/12/11/polaris-bank-receives-sectoral-recognition-at-2024-neca-employers-execellence-awards/
  • https://starlitenews.com.ng/2024/08/07/its-fake-news-new-pencom-dg-omolola-oloworaran-not-sacked-by-first-bank/
  • https://starlitenews.com.ng/2024/12/19/nigerian-man-who-works-as-a-cleaner-moves-into-his-own-house-in-uksee-how-he-did-it/