I am wondering, why does it take so long for member to release her result.
Is there anything fishy ?
Are they "re-packaging" their results in line with generous dividends from Barclays and KCB ?
It will not be a suprsise if equity returns a whooping 1.50 bob dividend far above the 1.20 dividend I projected. This might be a combination of basic dividend and "special" dividend.
It is more like a rat race.
I am really bothered about the sustenability of dividend largese from the banking sector. Other sectors except Williamson /Bat are more realistic, or better still more reasonable in their dividend declaration.
It should be recalled Equity released her FY 2010 result last year by mid february and they declared a 0.80 bob dividend .
I still maintain, do not be over exposed to the banking sector, as the euphoria may be temporary. Reduce and spread to more solid companies so as not to regret when the ill wind blows across the banking sector. It is not a matter of whether it will happen, it is more of when is it going to happen ?
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. .