HBM Nigeria (NSA:HBMNG) Dividend Yield %: 1.79% (As of Jul. 15, 2026) — 63% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:HBMNG HBM Nigeria PLC NSA:HBMNG
78 GF Score
Price ₦335.00
GF Value ₦128.48
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is HBM Nigeria Dividend Yield %?

HBM Nigeria NSA:HBMNG 78 Dividend Yield % is 1.79% as of Jul. 15, 2026, which is 63% below its 10-year median of 4.81. GuruFocus rates NSA:HBMNG with a GF Score™ of 78/100 and a GF Value™ of ₦128.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 257 Building Materials companies, HBM Nigeria ranks worse than 70.43% on this metric.

As of today (2026-07-15), the Trailing Annual Dividend Yield of HBM Nigeria is 1.79%.

Warning Sign:

Lafarge Africa PLC stock Dividend Yield % is close to 1-year low.

The historical rank and industry rank for HBM Nigeria's Dividend Yield % or its related term are showing as below:

NSA:HBMNG' s Dividend Yield % Range Over the Past 10 Years
Min: 1.24   Med: 4.81   Max: 14.57
Current: 1.79

During the past 13 years, the highest Dividend Yield of HBM Nigeria was 14.57%. The lowest was 1.24%. And the median was 4.81%.

NSA:HBMNG's Dividend Yield % is ranked worse than
70.43% of 257 companies
in the Building Materials industry
Industry Median: 3.13 vs NSA:HBMNG: 1.79

HBM Nigeria's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.99.

During the past 13 years, the highest Dividend Payout Ratio of HBM Nigeria was 1.54. The lowest was 0.30. And the median was 0.53.

As of today (2026-07-15), the Forward Dividend Yield % of HBM Nigeria is 2.99%.

HBM Nigeria's Dividends per Share for the three months ended in Mar. 2026 was ₦6.00.

During the past 12 months, HBM Nigeria's average Dividends Per Share Growth Rate was 733.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 73.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HBM Nigeria was 136.10% per year. The lowest was -29.50% per year. And the median was 20.45% per year.

The growth rate is calculated with least square regression.

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.


HBM Nigeria  (NSA:HBMNG) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


HBM Nigeria Dividend Yield % Related Terms


HBM Nigeria Dividend Yield % Historical Data

* Premium members only.

The historical data trend for HBM Nigeria's Dividend Yield % 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.

HBM Nigeria Dividend Yield % Chart

HBM Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 4.17 6.35 2.72 3.87

HBM Nigeria Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Yield % 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 2.57 5.96 4.16 3.87 2.36

NSA:HBMNG vs CRH, VMC, MLM: Dividend Yield % Comparison

For the Building Materials subindustry, HBM Nigeria'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.


HBM Nigeria Dividend Yield % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, HBM Nigeria's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where HBM Nigeria's Dividend Yield % falls into.


NSA:HBMNG
78GF Score
HBM Nigeria PLC NSA:HBMNG
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBM Nigeria Dividend Yield % Calculation

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

HBM Nigeria Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NGN 6.0000002026-04-072026-04-032026-04-30Cash 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.

HBM Nigeria's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6/335.00
=1.79 %

Current Share Price is ₦335.00.
HBM Nigeria's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₦6.

HBM Nigeria's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=12/335.00
=3.58 %

Current Share Price is ₦335.00.
HBM Nigeria's Dividends per Share for the forward twelve months is calculated as ₦6 * 2 = ₦12.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 1.79% mean?
HBM Nigeria (NSA:HBMNG) has a Dividend Yield % of 1.79% as of Jul. 15, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on HBM Nigeria and its competitors. This is 63% below median its historical median of 4.81. Over the past decade, HBM Nigeria's Dividend Yield % has ranged from 1.24 to 14.57. According to the industry distribution chart, HBM Nigeria ranks #181 out of 257 companies in the Building Materials industry, placing it in the top 70.4%.
Is HBM Nigeria's Dividend Yield % too high?
HBM Nigeria's current Dividend Yield % of 1.79% is 63% below median its 10-year median of 4.81. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 14.57. The Building Materials industry median Dividend Yield % is 3.13. HBM Nigeria's value of 1.79% is 42.8% below this industry median. Based on the distribution chart, HBM Nigeria ranks #181 out of 257 companies in the Building Materials industry, which is below the industry midpoint. Overall, HBM Nigeria has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HBM Nigeria's Dividend Yield % compare to CRH and VMC?
According to the Building Materials industry distribution chart, HBM Nigeria ranks #181 out of 257 companies for Dividend Yield %. This places HBM Nigeria in the lower half of its industry. The industry median Dividend Yield % is 3.13. HBM Nigeria's value of 1.79% is 42.8% below this benchmark. Historically, HBM Nigeria's own Dividend Yield % has ranged from 1.24 to 14.57 over the past decade. While the company's 10-year median is 4.81 vs. the industry median of 3.13, HBM Nigeria has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Building Materials company?
The median Dividend Yield % among Building Materials companies is 3.13, based on 257 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBM Nigeria's current Dividend Yield % of 1.79% is 42.8% 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on HBM Nigeria and its competitors. For the Building Materials industry, the median Dividend Yield % is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBM Nigeria's current Dividend Yield % is 1.79%, which is 63% below median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBM Nigeria stock overvalued right now?
Based on GuruFocus' analysis, HBM Nigeria (NSA:HBMNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦128.48, compared to a current price of ₦335.00 — trading 160.7% above its estimated fair value. The current Dividend Yield % is 1.79%, which is 63% below median its 10-year median of 4.81 and 42.8% below the Building Materials industry median of 3.13. HBM Nigeria's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For HBM Nigeria (NSA:HBMNG), the current Dividend Yield % is 1.79% as of Jul. 15, 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 HBM Nigeria (NSA:HBMNG) Overvalued in 2026?

Based on GuruFocus' analysis, HBM Nigeria stock appears to be overvalued. The current stock price of ₦335.00 is trading 160.7% above its estimated GF Value™ of ₦128.48. GuruFocus considers HBM Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:HBMNG:

  • Dividend Yield %: 1.79% (63% below median its 10-year median of 4.81)
  • GF Value™: ₦128.48 vs. price of ₦335.00 (160.7% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 42.8% below the Building Materials median (#181 of 257)

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


HBM Nigeria Business Description

Address No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
78GF Score

Get the complete analysis for NSA:HBMNG

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦335.00
Price
₦128.48
GF Value