Investing in shares can be a great way to generate long-term returns. By selecting the right stocks, investors can benefit from increasing share prices, dividend payments and capital appreciation. This article will examine five of the best long-term stocks to buy in Nigeria for investors looking for reliable returns and capital growth.
We will look at the key features of each stock, as well as the potential returns that can be expected. With the right stocks, investors can look forward to a steady and reliable return in the long term.
Total Nigeria PLC (TOT)
As the largest oil and gas company in Nigeria, Total has seen consistent growth over the last five years to become the industry leader. Investors in Total should be aware that the stock price of the firm is cyclical and is thus vulnerable to changes in the market caused by shifts in the price of oil. In spite of this, it has a proven record of dividend payments, and at present, it provides a dividend yield of 4.3% to its investors.
Stanbic IBTC Holdings PLC (STAN)
Stanbic IBTC Holdings PLC is a leading banking and financial services provider in Nigeria and has seen steady returns over the last five years. With a dividend yield of 1.3%, the company is a great option for investors looking to buy shares in Nigeria. The company has a strong track record of delivering returns and is well-positioned to continue to provide strong returns in the future. Stanbic IBTC is a well-established and respected name in the Nigerian banking and financial services sector, making it a great option for investors looking to buy shares in Nigeria.
Dangote Cement PLC (DANGCEM)
Dangote Cement PLC is a leading cement producer in Nigeria and has achieved impressive returns over the last five years. With a dividend yield of 0.7%, the company is a great option for investors looking for capital growth. The company has a strong track record of delivering returns and is a reliable option for long-term investors. Dangote Cement is a well-established and respected name in the Nigerian cement industry and is well positioned to continue to deliver strong returns in the future.
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Nigerian Breweries PLC (NB)
Having established itself as Nigeria’s principal brewery, Nigerian Breweries has shown continuous earnings over the last five years, making it an appealing alternative for income investors. If you’re searching for a stable income, this company’s 2.1% dividend yield may be a good fit. Long-term investors have a lot of reasons to be happy about the company’s prospects since it is well positioned to keep producing a high rate of return in the years to come.
Access Bank PLC (ACCESS)
Finally, investors can also consider buying shares in Access Bank PLC (ACCESS). Access Bank is a leading banking and financial services company in Nigeria and has delivered strong returns over the last five years. The company has a dividend yield of 0.8% and is a good option for investors seeking capital growth.
