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Rank: Member Joined: 1/20/2009 Posts: 13
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Has anyone received dividends from CIC on Class A shares bought through the Sacco's?
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Investor1 wrote:Has anyone received dividends from CIC on Class A shares bought through the Sacco's? I thought all dividends are paid at the same time?
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Rank: Member Joined: 1/20/2009 Posts: 13
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I bought through Maisha Bora Sacco but I'm yet to receive my dividends. Apparently I received my Class B ones like three weeks ago.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Investor1 wrote:I bought through Maisha Bora Sacco but I'm yet to receive my dividends. Apparently I received my Class B ones like three weeks ago. Possibly the sacco will pay you at end of year since this will form part of their surplus money to be distributed to members.
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Rank: New-farer Joined: 8/18/2011 Posts: 44
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I am also in the same Boat! Bought through Maisha Bora Sacco, I received my Class B Shares Dividends three weeks ago, but Class A held by Saaco on behalf of Members, Nope! I am waiting for the listing and I ask the Sacco to sell my shares.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Thermostatic Investor wrote:I am also in the same Boat! Bought through Maisha Bora Sacco, I received my Class B Shares Dividends three weeks ago, but Class A held by Saaco on behalf of Members, Nope! I am waiting for the listing and I ask the Sacco to sell my shares. They can still sell to class A
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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The lack of information of CiC to shareholders is astounding, i hope they improve when they list. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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Aguytrying wrote:The lack of information of CiC to shareholders is astounding, i hope they improve when they list. This is an area CIC is very poor at. They will have to rebuild their Corporate Communications department.
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