Which BRVM Stocks Will Pay Dividends in 2026?
2 min Read January 24, 2026 at 10:55 PM UTC

Every year, BRVM investors ask the same question in the first quarter: who is paying dividends and how much? This year, we did the work so you don’t have to.
We analysed 30 stocks across every major sector — banks, telecoms, consumer goods, agribusiness, energy, logistics — and built dividend estimates for each one based on trailing earnings and historical payout ratios.

The results are striking.
And before you ask how reliable these estimates are, here is your answer: we estimated Sonatel at 1,907 FCFA per share. The confirmed dividend came in at 1,933 FCFA — a miss of just 1.4%.
We estimated Orange CI at 1,037 FCFA per share. The board proposed 800 FCFA gross, which, after accounting for the portion paid from retained earnings rather than current-year profits, lands broadly in line with our cash flow-based framework.
| Ticker | Stock | Sector | 2024 | 2025 Est. | Est. Yield* |
|---|---|---|---|---|---|
| STBC | Sitab | Consumer | 2,090.0 | 2,751.9 ★ | 12.7% |
| SGBC | SGCI | Banking | 1,639.4 | 2,024.3 ★ | 5.8% |
| SNTS | Sonatel | Telecoms | 1,655.0 | 1,907.2 | 6.6% |
| BICC | BICI | Banking | 830.7 | 1,567.6 | 6.1% |
| SMBC | SMB | Consumer | 616.0 | 1,160.9 | 8.7% |
Two of the most closely watched dividend stocks on the exchange were both called within a tight range before the official announcements.
One consumer stock is estimated to pay nearly 2,752 FCFA per share. Several banks in the Bank of Africa network are positioned for another year of consistent payouts.
And a handful of names that look solid on paper are quietly signalling they will retain profits instead of distributing them, which matters a lot if you are building an income portfolio.
What most retail investors miss is not who pays. It is how to position before the announcements, which sectors offer the best risk-adjusted yield, and which high-yield estimates carry assumptions that may not hold.
The full report includes the complete 30-stock dividend table with four years of history, a sector-by-sector breakdown, confirmed versus estimated dividends clearly flagged, and a practical framework for building a BRVM income portfolio in 2026.
Get the full report and the 2026 dividend calendar on Daba Pro.
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