Schwab Dividend ETF (SCHD) trades at $34.26, about ₦46,570 per share at today’s rate of ₦1,359/$. Over the past year it has gained 24.8% in dollars, which works out to +10.6% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +6.4% | +4.8% |
| 6 months | +9.3% | +10.0% |
| 1 year | +24.8% | +10.6% |
Naira-terms return = share-price return × USD/NGN move. When the naira weakens, dollar assets gain extra value in naira; when it strengthens, the reverse.
Yes. You can buy fractional shares of US stocks from Nigeria through SEC-registered apps like Bamboo, Trove and Risevest, starting from around $10. Read our full guide to buying US stocks from Nigeria →