I have been off stockskenya (am sorry wazua) for some time now due to two principal reasons {-

(1) My transfer to a new location with new challenges in my rat race (ICT middle level executive in a petroleum producing company)

(ii) My new focus on real estate to complement stocks to create a balance as am preparing for retirement in a couple of years to be free from the stupid bondage called paid employment.

I have a fairly reasonable portfolio in NSE made of KCB,ARM, EABL,BBK,KPLC,KENGEN, EQUITY and I have been investing for long term since late 2004. I have a joint CDS account in Faida with my wife Evy.
To tidy up things we opened a bank account (joint) purely for dividends and updated our CDS record for automatic EFT (electronic fund transfer) in November 2008. Since then we have
not invested a dime in NSE and do not religiously keep track of the dividend.
We sent a messager to our bank a/c r/ship officer to tell us the balance. It was a pleasant suprise.
Our balance amounted to a comfortable six digits in Ksh. This is very encouraging.
That means when we return fully to stocks and invest further, in a couple of years our dividend in NSE will hit seven digits. This gives me hope that my end to rat race is near and it is worth the effort to invest in NSE bluechips.

Best Regards
Young
Nigeria

Buy and hold is not a bad strategy for the lazy/busy...

@pkoli is right
@young you really should re invest those dividends not necessarily in stocks but any investment can yield more than cash right now... IMHO

man how much have u invested in the stock....seems a hell of cash....4 u to earn that dividend...assuming u had invested in real estate...which one would give a higher return on ur investment???? anyway u r doing great building ur portfolio and passive income! kudos

With the recent EFT of Equity dividend, and expected KCB dividend in May, thanks to GOD things are looking up in our dividend income.

REPLY BELOW

@Mzee VVS

Please be aware there is NO broker in Nigeria that has a suitable platform to trade online without interaction with the broker by phone or email.

In the whole of Africa, pure online real time facility exists only in South Africa just like what exists in US, UK and Asia.

Be aware the problem is not with the broker per se, but investors having access to the trading engine via the respective brokers platform. The infrastructure and wherewithal are not just there.
CMA etc has a big role to play.

The online stock broker I use in south Africa market just for your info is PSG www.psgonline.co.za