Lasaco Insurance, Jaiz Bank, NAHCO top stocks to watch this week

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This is not a buy, sell or hold recommendation but a stock investment guide. You may have to involve your financial advisor before...

Bank features on the pick this week for declaring a dividend per share of N0.05 for the full year 2022 compared to N0.04 a year earlier. The non-interest bankThe company’s PE ratio at market close on Friday was 5.2x, while the EPS is N0.18.NAHCO appears on the selection for proposing a dividend per share of N1.20 for the fiscal year 2022, roughly three times higher than what it paid shareholders for the previous year.

The cash plan followed the company’s strong performance, which saw net profit accelerate by more than three times to N2.7 billion.Berger Paints makes this week’s pick for planning a dividend per share of N0.70 for shareholders, following a jump of more than half in profit to N208.7 million for the full year 2022.Access Holdings appears on the pick this week for currently trading well below its intrinsic value, making it cheap for investment. The lender’s PE ratio as of Friday was 1.

 

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