Wazua
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Name & shame companies that take ages to pay declared dividends.
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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EA Cables leads the pack. Coop Bank comes 2nd in my portfolio. 3.... who else History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead.
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Gordon Gekko wrote:On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead. I totally agree with you @GG my problem is the companies that declare the dividend but take so long to pay and you are left wondering why they declared it in the first place. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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BGL wrote:Gordon Gekko wrote:On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead. I totally agree with you @GG my problem is the companies that declare the dividend but take so long to pay and you are left wondering why they declared it in the first place. ....then change the topic heading!!! ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Rank: Elder Joined: 7/21/2010 Posts: 6,192 Location: nairobi
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E.a cables dividend was a welcome gesture to sell transcentury.they used to be very good during mugo kibatis time. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Gordon Gekko wrote:On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead.  You should find out Why NIC does not pay dividends
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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the deal wrote: You should find out Why NIC does not pay dividends What are you smoking these days¿¿ NIC pay 50cents dividends and 1:10 bonus shares every year without fail.. As for the use of the rest of the profits please do not tell me that you havent been watching the news because these guys are expanding like crazy¡¡¡ Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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Olympia Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/17/2008 Posts: 152
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COOP pays on time.(re-phrase: i received on time)
Sometimes the difference comes from the mode you indicated for receiving the dividends. If on account, you get within days. If its a cheque, it would be in your post box the next week. Sometimes it might take you another week before you visit the posta, and all this is assuming you gave the correct address and code.
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Rank: Elder Joined: 8/16/2011 Posts: 2,360
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Plizzzz, usipake Coop Bank matope!!!!  They pay on time. I usually get mine the same week as declared. KK is in the same group with CoopBank, they do it very first. Mumias as well do it on time. But SameerAfrica, AccessK, and others who have contracted their services to custodial and share Registrars at Bruce house take months to pay or wire dividends to investors account.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Access Kenya. Life is short. Live passionately.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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VituVingiSana wrote:Olympia Just received a notice for AGM on 27/1 at Nrb Club. In the agenda, to receive and adopt the Annual Report. I haven't seen the accounts, even in the dailies - of course no dividends.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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E.A Cables really sucks! 3 Months after due date, and they haven't paid! Bad manners! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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I received my cheque last week.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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FUNKY wrote:I received my cheque last week. Good for you. This {[^&*(^%$$^^%^$^&(*(&^*^]} are compiling the year end results yet they haven't paid out the Interim. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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dunkang wrote:E.A Cables really sucks! 3 Months after due date, and they haven't paid!
Bad manners! They did an EFT on 10th of this month after i wrote an email to them. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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HFCK Books close: 28th June 2012, Payment: 27th July 2012 Watu watangoja  GOD BLESS YOUR LIFE
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Name & shame companies that take ages to pay declared dividends.
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