Nigerian Breweries (NSA:NB) Dividend Yield %: 0.00% (As of Jun. 28, 2026)


NSA:NB Nigerian Breweries PLC NSA:NB
64 GF Score
Price ₦72.50
GF Value ₦30.66
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nigerian Breweries Dividend Yield %?

Nigerian Breweries NSA:NB -1.09% 64 Dividend Yield % is 0.00% as of Jun. 28, 2026. GuruFocus rates NSA:NB with a GF Score™ of 64/100 and a GF Value™ of ₦30.66 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 148 Beverages - Alcoholic companies, Nigerian Breweries ranks worse than 675675% on this metric.

As of today (2026-06-28), the Trailing Annual Dividend Yield of Nigerian Breweries is 0.00%.

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

During the past 13 years, the highest Dividend Yield of Nigerian Breweries was 9.14%. The lowest was 1.57%. And the median was 3.39%.

NSA:NB's Dividend Yield % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 3.47
* Ranked among companies with meaningful Dividend Yield % only.

Nigerian Breweries's Dividend Payout Ratio for the three months ended in Mar. 2026 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Nigerian Breweries was 1.92. The lowest was 0.84. And the median was 1.17.

As of today (2026-06-28), the Forward Dividend Yield % of Nigerian Breweries is 0.00%.

Nigerian Breweries's Dividends per Share for the three months ended in Mar. 2026 was ₦0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nigerian Breweries was 66.30% per year. The lowest was -33.70% per year. And the median was -9.90% 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.


Nigerian Breweries  (NSA:NB) 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.


Nigerian Breweries Dividend Yield % Related Terms


Nigerian Breweries Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Nigerian Breweries'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.

Nigerian Breweries Dividend Yield % Chart

Nigerian Breweries 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 2.27 3.12 3.75 0.00 0.00

Nigerian Breweries 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 0.00 0.00 0.00 0.00 0.00

NSA:NB vs STZ, TAP: Dividend Yield % Comparison

For the Beverages - Brewers subindustry, Nigerian Breweries'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.


Nigerian Breweries Dividend Yield % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Nigerian Breweries's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nigerian Breweries's Dividend Yield % falls into.


NSA:NB
64GF Score
Nigerian Breweries PLC NSA:NB
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nigerian Breweries Dividend Yield % Calculation

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

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 0.00% mean?
Nigerian Breweries (NSA:NB) has a Dividend Yield % of 0.00% as of Jun. 28, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Nigerian Breweries and its competitors. Over the past decade, Nigerian Breweries' Dividend Yield % has ranged from 1.57 to 9.14. According to the industry distribution chart, Nigerian Breweries ranks #999999 out of 148 companies in the Beverages - Alcoholic industry.
Is Nigerian Breweries' Dividend Yield % too high?
Nigerian Breweries' current Dividend Yield % is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 9.14. Based on the distribution chart, Nigerian Breweries ranks #999999 out of 148 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Nigerian Breweries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nigerian Breweries' Dividend Yield % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Nigerian Breweries ranks #999999 out of 148 companies for Dividend Yield %. This places Nigerian Breweries in the lower half of its industry. The industry median Dividend Yield % is 3.47. Historically, Nigerian Breweries' own Dividend Yield % has ranged from 1.57 to 9.14 over the past decade. 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 Beverages - Alcoholic company?
The median Dividend Yield % among Beverages - Alcoholic companies is 3.47, based on 148 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. 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 Nigerian Breweries and its competitors. For the Beverages - Alcoholic industry, the median Dividend Yield % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nigerian Breweries's current Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nigerian Breweries stock overvalued right now?
Based on GuruFocus' analysis, Nigerian Breweries (NSA:NB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.66, compared to a current price of ₦72.50 — trading 136.5% above its estimated fair value. The current Dividend Yield % is 0.00%. Nigerian Breweries' overall GF Score™ is 64/100 with 2 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 Nigerian Breweries (NSA:NB), the current Dividend Yield % is 0.00% as of Jun. 28, 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 Nigerian Breweries (NSA:NB) Overvalued in 2026?

Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued. The current stock price of ₦72.50 is trading 136.5% above its estimated GF Value™ of ₦30.66. GuruFocus considers Nigerian Breweries to be Significantly Overvalued.

Key valuation signals for NSA:NB:

  • Dividend Yield %: 0.00%
  • GF Value™: ₦30.66 vs. price of ₦72.50 (136.5% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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


Nigerian Breweries Business Description

Address 1, Abebe Village Road, P. O. Box 545, Iganmu House, Iganmu, Lagos, NGA, 101241
Nigerian Breweries PLC is a Brewing firm. The company's principal activities are brewing, marketing, and selling lager, stout, non-alcoholic malt, and soft drinks. Geographically, it derives a majority of its revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa, and parts of the Middle East and Asia. The company's brands include Star, Goldberg, Turbo King, Ace Bitters, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.
64GF Score

Get the complete analysis for NSA:NB

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

₦72.50
Price
₦30.66
GF Value