Schwab Dividend ETF (SCHD) trades at $32.34, about ₦44,507 per share at today’s rate of ₦1,376/$. Over the past year it has gained 17.6% in dollars, which works out to +5.7% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +0.2% | +1.4% |
| 6 months | +13.3% | +9.4% |
| 1 year | +17.6% | +5.7% |
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 →