I figure if i'm to wait a while for excellent returns on Capital then dividend yield best be better than a bank a/c. That's a very key consideration for me.

Not at all.
1) It's not a trick. They make profits. They have the right to a dividend. You own a house/building in Ghana. You earn rent. How you spend the rent is your own business. You can add an addition OR remit it to Nigeria OR invest it in Uganda.
2) All shareholders benefit. Dividends are not reserved for 'majority' shareholders. Many shareholders who bought BBK shares 20 yrs ago get dividends higher than the price they paid for the shares!
3) Kenya has (almost zero) capital controls so I do not understand "one of the legitimate ways they repartriate their funds"... What other method would they use that is not legitimate?
4) All the firms mentioned are 'MATURE' firms that are unlikely to grow their Kenya markets much more so why leave the cash in Kenya when it may produce sub-par returns. Some profitable high growth firms with foreign shareholding & low dividend payout include:
- Safaricom
- Total (expansion by buying Chevron)
- Agricultural Firms (Not high growth but low div payout e.g. Williamson)
- TPS/Serena (Expansion)
- Diamond Trust (EAC expansion)

Unfortunately my friends, it is not about sentiments , it is not about patrotism it is all about facts.


http://allafrica.com/stories/201101310545.html


In general for dividend yield (income) mature and blue chip firms are your best bet in any part of the world.

Please be aware there other high dividend yield blue chips I have not mentioned includes KK, Safcom, NMG and others inclusive.

Even overseas MOST of the highest CONSISTENT dividend yield stocks are the age old blue chips.

I do not write theories but what I practice in various markets I am opportuned to be exposed to, it is the same principle, be it asia (Hong Kong), Pacific (Australia), US, Canada, RSA.
Kenya market with just 50 plus is a small fry and a little drop of my stocks investment experience.


Check out

www.topyields.nl

Asante Sana

I see U are refferring to mostly income. That's fine. I need a combination of both high yield & growth which are mostly found in bear markets..since I am still literally young (under-30). And if I found someone investing my funds outside Sub-Saharan Afrika, he'll need a doctor and I a lawyer.

High Dividend yield stocks always grow moderately. Nobody wants to buy a stunted stock.

In US market precisely on April 4 I bought age old saturated blue chip intel (NASDAQ:INTC) at USD 19.40 per share. It has yielded a quarterly dividend of 18 US cents twice but in addition the current price is USD 22.60, a 16% gain in US market term is a good one in virtually 3 months.

It depends on ones investment model, I do not say you should follow my style or outrightly condemn me as we have different investment approach to the market. It is not a matter of age (I am 49), but that of style that is developed with experience. I started as a speculator but I could not sustain it, this model from my experience is sustenable.

As you are looking forward to KCB price, I am preparing to buy it circa 20 bob (more or less).
Different strokes for different folks. But if that does work there is always another opportunity on high yield blue chip counter.

A lot of exchange of info between you and me today.

Cheers and Regards.

That was a smart move to buy a U.S stock whose sales are supported by emerging market sales Google has done that well too with their H1s. I read somewhere that U are almost retiring? Well, happy retirement & enjoy the fruits of ur investments . Please confirm, does life really start at 40? Looking forward to learning more from U.

U know there is a hip-hop song called #stupid by Playaz Circle and part of it goes like "I got a bank roll, stupid bank roll * 2" I accept

haven't heard it. Will look it up.