Wazua
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Safaricom Investment Cooperative
Rank: Elder Joined: 7/11/2012 Posts: 5,222
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eco wrote:No wonder the high dividends! Why?  Have they paid?
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Only six days to the end of the year, the time to prepare for >40% dividend. 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: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
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You mean 10% in cash and 30% on paper? :) Formally employed people often live their employers' dream & forget about their own.
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Rank: Member Joined: 4/14/2011 Posts: 639
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bird_man wrote:You mean 10% in cash and 30% on paper? :) I noticed they successfully sold off a number of projects towards the year end. That should giv us some dividemds come 2013.When do rhey pay by the way?
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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SGM scheduled for last week of january Agenda: To increase borrowing power review to 0.5bn inorder to finance bluebells apartment project. 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: Member Joined: 8/4/2012 Posts: 155 Location: Kenya
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AGM on 21 FEB 2013 If you don't want to go to plan B have a good plan A.
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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Mucene wrote:AGM on 21 FEB 2013 Awaiting the dividend but i think it will be lower this year due to need to retain cash for blue bell project financing. 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: New-farer Joined: 7/18/2012 Posts: 76
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Dividend could remain high to attract new members.
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Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
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patrazi wrote:Dividend could remain high to attract new members.
PONZI! Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: New-farer Joined: 7/18/2012 Posts: 76
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Impunity wrote:patrazi wrote:Dividend could remain high to attract new members.
PONZI! A good %ge of cooperatives pay high dividends from their profits to retain/attract membership. I don't think this is different.
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