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NSE High Dividend Yield Counters
young
#1 Posted : Sunday, May 08, 2011 2:47:45 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,048
Location: Lagos, Nigeria
For long term investors it is worth while to take a look at the following :-

Commercial

Safcom
NMG

Financial

BBK
Stan Chart
JHL
KCB


Industrial


EABL
KPLC
Bamburi
Total or KK
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
jerry
#2 Posted : Sunday, May 08, 2011 4:54:51 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
What about Coop bank? Any1 with the latest yield figures?
The opposite of courage is not cowardice, it's conformity.
guru267
#3 Posted : Sunday, May 08, 2011 5:10:46 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
jerry wrote:
What about Coop bank? Any1 with the latest yield figures?


dividend yield for co op bank is rubbish.. around 2%
Mark 12:29
Deuteronomy 4:16
youcan'tstopusnow
#4 Posted : Sunday, May 08, 2011 6:48:52 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
guru267 wrote:
jerry wrote:
What about Coop bank? Any1 with the latest yield figures?


dividend yield for co op bank is rubbish.. around 2%

True, but do you agree that the capital gains one might derive over the "long term" might trump reinvesting the dividends from shares with higher yields?
GOD BLESS YOUR LIFE
Gordon Gekko
#5 Posted : Sunday, May 08, 2011 8:47:29 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
BBK showing as 8% in my spreadsheet. An aberration, not sustainable.
Sober
#6 Posted : Sunday, May 08, 2011 9:44:45 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
we at the stock market target the capital gains rather than the dividends. in fact we use the dividend dates to make our calculation of timing so as we make the maximum gains.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
youcan'tstopusnow
#7 Posted : Sunday, May 08, 2011 9:56:14 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Sober wrote:
we at the stock market target the capital gains rather than the dividends. in fact we use the dividend dates to make our calculation of timing so as we make the maximum gains.

Applause Applause Applause And if we do get the dividends, we buy more of the shares if we think it is undervalued only to sell at the 'right' price
GOD BLESS YOUR LIFE
Cde Monomotapa
#8 Posted : Sunday, May 08, 2011 10:38:04 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Safcom?wouldn't count on it..KCB's yield is what can be relied upon.
youcan'tstopusnow
#9 Posted : Monday, May 09, 2011 12:12:18 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Cde Monomotapa wrote:
Safcom?wouldn't count on it..KCB's yield is what can be relied upon.

And speaking of KCB, today is the books closure date. Do you see it testing new heights by the close of the day?
GOD BLESS YOUR LIFE
PKoli
#10 Posted : Monday, May 09, 2011 2:52:16 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
I think we are likely to see similar prices like for friday. The price will dip slighty tomorrow and subsequent days but will later recover within a month or so.
PKoli
#11 Posted : Monday, May 09, 2011 2:58:29 AM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
@Mzee Young,

You seem to have bailed out of ARM, any reasons? That used to be one of your favourite stocks
Cde Monomotapa
#12 Posted : Monday, May 09, 2011 6:34:55 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
youcan'tstopusnow wrote:
Cde Monomotapa wrote:
Safcom?wouldn't count on it..KCB's yield is what can be relied upon.

And speaking of KCB, today is the books closure date. Do you see it testing new heights by the close of the day?

Let's wait & see..the trend will be closely monitored from base.
young
#13 Posted : Monday, May 09, 2011 11:48:49 AM
Rank: Elder


Joined: 6/20/2007
Posts: 2,048
Location: Lagos, Nigeria
Yes @Pkoli I switched from ARM to BAMB after a long ride with ARM as I see more room for growth for BAMB on the long term coupled with the fact that their dividend yield is higher.

Regards
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
Wendz
#14 Posted : Monday, May 09, 2011 12:26:59 PM
Rank: Elder


Joined: 6/19/2008
Posts: 4,268
young wrote:
Yes @Pkoli I switched from ARM to BAMB after a long ride with ARM as I see more room for growth for BAMB on the long term coupled with the fact that their dividend yield is higher.

Regards


Do you think the issues this company is having with NSSF (being one of the largest investors there and threatening to dump the share) will have a major impacts on the price?

Total.... I find this share very hard to excite.... Its price movements are too stiff for one to be able to play.... even in the long term... For the last 10 years, the highest it has gone up is 58 or so and that was in 2004 before i knew what the NSE was all about! Dividends have been 1bob for the last two years.... You got to have the patience of a hawk if you expect this share to make you rich....
PKoli
#15 Posted : Monday, May 09, 2011 2:26:40 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
young wrote:
Yes @Pkoli I switched from ARM to BAMB after a long ride with ARM as I see more room for growth for BAMB on the long term coupled with the fact that their dividend yield is higher.

Regards


Mzee Young,

In terms of prospects, I see more growth from ARM:

-Capacity expansion in Kenya and Ug
-Use of their own clinker
-Diversification of business

I would compare ARM to Local Banks like Equity, while Bamburi, I would equate to Barclays Bank of Kenya
young
#16 Posted : Monday, May 09, 2011 10:51:54 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,048
Location: Lagos, Nigeria
Different strokes to different folks madam @wendz and dear @Pkoli.

My investment objective in your NSE is income and therefore whatever dividend that is declared is more important to me than the lateral growth of the stock.

Be aware I am a non resident investor and I am not all that young as my name portrays coupled with my recent deep exposure to real estate as a leverage and other markets. Investing on the long term in African markets is the best approach from my point of view. That not witstanding I speculate on foreign (Outside Africa) stocks but purely on Resource counters (Gold and Oil) which is very factual and more predictable.

You may be younger, you may not have all the exposure that I have so it is easy to concentrate on your local bourse and a handful of others.

The confusion in BAMB for now opens a buying opportunity for long termers. BAMB returned a total dividend of 8.25 bob on 168 bob price. ARM returned 1.25 bob on circa 170 price. For long termers BAMB is better for those for capital gain, ARM is superb. Hope you are aware that BAMB returned lower PBT than previous year !


Yes Total is dull for my liking. I do not hold any position in Total.

I disagree with you on BBK. Ask those who bought say 100 units of BBK in 2001 what multiples it has grown in terms of bonuses, splits and dividends.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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