Zenith Bank (NSA:ZENITH) Dividends per Share: ₦5.25 (TTM As of Mar. 2026)


NSA:ZENITH Zenith Bank PLC NSA:ZENITH
86 GF Score
Price ₦105.00
GF Value ₦60.54
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Zenith Bank Dividends per Share?

Zenith Bank NSA:ZENITH 86 Dividends per Share is ₦5.25 as of Mar. 2026. GuruFocus rates NSA:ZENITH with a GF Score™ of 86/100 and a GF Value™ of ₦60.54 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Zenith Bank's dividends per share for the three months ended in Mar. 2026 was ₦0.00. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2026 was ₦5.25. Its Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.00. As of today, Zenith Bank's Dividend Yield % is 9.52%.

Good Sign:

Zenith Bank PLC stock Dividend Yield % is close to 1-year high.

During the past 12 months, Zenith Bank's average Dividends Per Share Growth Rate was 17.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Zenith Bank was 52.70% per year. The lowest was 3.00% per year. And the median was 11.50% per year.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Zenith Bank  (NSA:ZENITH) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Zenith Bank's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 7.693
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Zenith Bank was 0.45. The lowest was 0.13. And the median was 0.39.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Zenith Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NGN 8.7500002026-04-272026-04-242026-05-05Cash Dividendsemi-annuallyNGN:NGN 1.000000
NGN 1.2500002025-10-062025-10-032025-10-10Cash Dividendsemi-annuallyNGN:NGN 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.


Zenith Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=10/105.00
=9.52 %

Current Share Price is ₦105.00.
Zenith Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦10.

During the past 13 years, the highest Dividend Yield of Zenith Bank was 23.63%. The lowest was 0.94%. And the median was 11.37%.

Good Sign:

Zenith Bank PLC stock Dividend Yield % is close to 1-year high.

* 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.


Zenith Bank Dividends per Share Related Terms


Zenith Bank Dividends per Share Historical Data

* Premium members only.

The historical data trend for Zenith Bank's Dividends per Share can be seen below:

* 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.

Zenith Bank Dividends per Share Chart

Zenith Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 3.09 3.39 4.49 5.25

Zenith Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 4.00 1.25 0.00 0.00

Zenith Bank Dividends per Share Competitor Comparison

For the Banks - Regional subindustry, Zenith Bank's Dividend Yield %, along with its competitors' market caps and 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.


Zenith Bank Dividend Yield % vs Banks Industry

For the Banks industry and Financial Services sector, Zenith Bank's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Zenith Bank's Dividend Yield % falls into.


NSA:ZENITH
86GF Score
Zenith Bank PLC NSA:ZENITH
Dividends per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenith Bank Dividends per Share Calculation

Dividends paid to per common share.

Frequently Asked Questions Learn more about Dividends per Share →
What does a Dividends per Share of ₦5.25 mean?
Zenith Bank (NSA:ZENITH) has a Dividends per Share of ₦5.25 as of Mar. 2026. Dividends per share represents the per-share amount paid as dividends. View historical data on Zenith Bank and its competitors.
Is Zenith Bank's Dividends per Share too high?
Zenith Bank's current Dividends per Share is ₦5.25. Overall, Zenith Bank has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Bank's Dividends per Share compare to competitors?
Zenith Bank's Dividends per Share of ₦5.25 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for a Banks company?
A good Dividends per Share depends on the Banks industry context. However, Dividends per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on Zenith Bank and its competitors. Zenith Bank's current Dividends per Share is ₦5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Bank stock overvalued right now?
Based on GuruFocus' analysis, Zenith Bank (NSA:ZENITH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦60.54, compared to a current price of ₦105.00 — trading 73.4% above its estimated fair value. The current Dividends per Share is ₦5.25. Zenith Bank's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For Zenith Bank (NSA:ZENITH), the current Dividends per Share is ₦5.25 as of Mar. 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 Zenith Bank (NSA:ZENITH) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Bank stock appears to be overvalued. The current stock price of ₦105.00 is trading 73.4% above its estimated GF Value™ of ₦60.54. GuruFocus considers Zenith Bank to be Significantly Overvalued.

Key valuation signals for NSA:ZENITH:

  • Dividends per Share: ₦5.25
  • GF Value™: ₦60.54 vs. price of ₦105.00 (73.4% above fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the NSA:ZENITH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenith Bank Business Description

Address Plot 84/87, Ajose Adeogun Street, Zenith Heights, Victoria Island, Lagos, NGA
Zenith Bank PLC is a Nigeria- based company. Its core business is the provision of banking and other financial services to corporate and individual customers. The bank provides services such as granting of loans and advances, corporate finance and money market activities. It also provides banking and pension custodial services to a diverse group of corporations, financial institutions, investment funds, governments and individuals; provision of investment advisory, financial planning services and investment product offerings; providing brokerage services, financing services and securities lending services to institutional clients, including mutual funds, pension funds and to high-net-worth individuals. Revenue generated by bank consists of interest income, fees and commission received.
86GF Score

Get the complete analysis for NSA:ZENITH

Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦105.00
Price
₦60.54
GF Value