Nestle NigeriaTSX:NSTL 64 Forward Dividend Yield % is 2.47% as of Jun. 29, 2026. GuruFocus rates TSX:NSTL with a GF Score™ of 64/100 and a GF Value™ of C$16.77 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,159 Consumer Packaged Goods companies, Nestle Nigeria ranks worse than 86281.19% on this metric.
As of today (2026-06-29), the Forward Annual Dividend Yield of Nestle Nigeria is 2.47%.
As of today (2026-06-29), the Trailing Annual Dividend Yield of Nestle Nigeria is 2.47%.
TSX:NSTL's Forward Dividend Yield % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 3.11
vs TSX:NSTL: 2.47
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nestle Nigeria was 49.50% per year. The lowest was -19.50% per year. And the median was 14.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Nestle Nigeria Forward Dividend Yield % Related Terms
TSX:NSTL vs KHC, GIS, HRL: Forward Dividend Yield % Comparison
For the Packaged Foods subindustry, Nestle Nigeria's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nestle Nigeria Forward Dividend Yield % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nestle Nigeria's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nestle Nigeria Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.602241
2026-04-21
2026-04-21
2026-04-29
Cash Dividend
annually
CAD:CAD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Nestle Nigeria's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.602241
/
24.36
=
2.47 %
Current Share Price is C$24.36. Nestle Nigeria's Dividends per Share for the forward twelve months is calculated as C$0.602241 * 1 = C$0.602241.
Nestle Nigeria's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.602241
/
24.36
=
2.47 %
Current Share Price is C$24.36. Nestle Nigeria's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.602241.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 2.47% mean?
Nestle Nigeria (TSX:NSTL) has a Forward Dividend Yield % of 2.47% as of Jun. 29, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nestle Nigeria and its competitors. According to the industry distribution chart, Nestle Nigeria ranks #999999 out of 1159 companies in the Consumer Packaged Goods industry.
Is Nestle Nigeria's Forward Dividend Yield % too high?
Nestle Nigeria's current Forward Dividend Yield % is 2.47%. The Consumer Packaged Goods industry median Forward Dividend Yield % is 3.11. Nestle Nigeria's value of 2.47% is 20.6% below this industry median. Based on the distribution chart, Nestle Nigeria ranks #999999 out of 1159 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nestle Nigeria has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nestle Nigeria's Forward Dividend Yield % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Nestle Nigeria ranks #999999 out of 1159 companies for Forward Dividend Yield %. This places Nestle Nigeria in the lower half of its industry. The industry median Forward Dividend Yield % is 3.11. Nestle Nigeria's value of 2.47% is 20.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Consumer Packaged Goods company?
The median Forward Dividend Yield % among Consumer Packaged Goods companies is 3.11, based on 1,159 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nestle Nigeria's current Forward Dividend Yield % of 2.47% is 20.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nestle Nigeria and its competitors. For the Consumer Packaged Goods industry, the median Forward Dividend Yield % is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nestle Nigeria's current Forward Dividend Yield % is 2.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nestle Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Nestle Nigeria (TSX:NSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is C$16.77, compared to a current price of C$24.36 — trading 45.3% above its estimated fair value. The current Forward Dividend Yield % is 2.47% and 20.6% below the Consumer Packaged Goods industry median of 3.11. Nestle Nigeria's overall GF Score™ is 64/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Nestle Nigeria (TSX:NSTL), the current Forward Dividend Yield % is 2.47% as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nestle Nigeria (TSX:NSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Nestle Nigeria stock appears to be overvalued.
The current stock price of C$24.36 is trading 45.3% above its estimated GF Value™ of C$16.77.
GuruFocus considers Nestle Nigeria to be Significantly Overvalued.
Key valuation signals for TSX:NSTL:
Forward Dividend Yield %: 2.47%
GF Value™: C$16.77 vs. price of C$24.36 (45.3% above fair value)
Industry Position: 20.6% below the Consumer Packaged Goods median (#999999 of 1159)
No single metric tells the full story. See the TSX:NSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The Food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The Beverage segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The Food segment generates the majority of the revenue. Geographically, the majority of the revenue is generated from Nigeria.
64GF Score
Get the complete analysis for TSX:NSTL
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:NSTL has been successfully added to your 