This week’s top stock picks on the Nigerian Exchange reflect strong dividend prospects, undervaluation, and attractive fundamentals across the banking, energy, and industrial sectors. Leading the pack are Access Holdings, Dangote Cement, and United Bank for Africa (UBA) — all positioned for potential investor value as the Half-Year 2025 (HY 2025) earnings season approaches.
Access Holdings
Access Holdings ranks as a standout pick this week, trading significantly below both its intrinsic and book value. The bank holding company opened last week with a Price to Book (PB) ratio of 0.3x and a Price to Earnings (PE) ratio of 1.5x. Notably, its dividend yield stands at 11.3%, reflecting strong potential for a robust HY 2025 payout.
Dangote Cement
A consistent blue-chip performer, Dangote Cement makes the list for its strong dividend outlook. The company started last week with a PB ratio of 3.2x and a PE ratio of 12.5x, with an expected dividend yield of 7%, indicating solid shareholder returns in the upcoming results.
United Bank for Africa (UBA)
UBA is attracting investor attention for trading well below both intrinsic and book value. The pan-African lender posted a PB ratio of 0.3x and a PE ratio of 1.5x at the beginning of last week. Its dividend yield is an impressive 14.3%, making it a top contender for HY 2025 dividend earnings.
NPF Microfinance Bank
NPF Microfinance Bank joins the list for trading below its intrinsic value and its potential to declare a solid dividend. As of last week, its PE ratio stood at 6.6x, with a dividend yield of 6.7%, reflecting its attractiveness to value-focused investors.
Aradel Holdings
Rounding off the list is Aradel Holdings, a notable energy player tipped for a favourable HY 2025 dividend. The company showed a PB ratio of 1.6x and a PE ratio of 8.6x, alongside a dividend yield of 5.9%.
These picks represent key opportunities for investors seeking value, income, and growth potential as Nigeria’s capital market gears up for the HY 2025 earnings season.
