[quote=Ericsson]2017 versus 2016
Profit before tax ksh.10.912bn vs 12.083bn
Profit After tax ksh.7.266bn vs 7.197bn
Dividend per share sh.0.5 vs 0.5
Cash and cash equivalents ksh.(1.15bn) vs 5.503bn
Book closure 30th November 2017
AGM on 1st December 2017
Dividend payment date 31st January 2018

http://www.businessdaily...8616-sbsgx6z/index.html[/quote]
Once again, alliens have hijacked paycheck and ppt mechanics brought aboard. Shareholders welambe the cursed wing_ 50 cents after severe heavy cuts. Yeso.
IPPS doing the magic. Nah, being on right side of tha thigh is sweeter and comforting.

eti right side of the thigh...

I only buy this stock for dividends and diversification. As long as it gives me 5% dividend yield and higher i will buy then sell the stock at any point it rises. Parastatals rarely give meaningful growth in capital gains.
Horrible results but I am happy we have a dividend

Soregrapes it is. This co is simply doing desperate measures at desperate moments that are likely to get worsening. Nothing to write home about here, after that rights call. So sad for those squarely quartered.

Negative cashflow.
This economy is dying

With the debt on their books how will Kenya power survive without a GoK bailout. How big is the bailout fund for KQ, mumias, uchumi, county govts?
something must give.

Watesh, glad to see I'm not the only one that's gravitating towards high yielding dividend stocks in this market. People don't realize you can actually live on dividends alone as passive income while still making capital gains. In the US I've seen portfolios that earn upwards of $40K a year as dividends alone from high yielding stocks from as low as $450K investment. In Kenya it's a little tricky since the companies only do two payments (interim and final) while in the US it's every quarter. Regardless, you can still make money via dividends in Kenya but you'd have to invest tens of millions in order to earn decent dividends that can sustain at least 70% of your annual expenses. Since you're into this, check out these four additions to your portfolio :)

Williamson 10.03%
Bamburi 7.84%
StanChart 6.61%
EA Cables 6.99%

I didn't include BAT since I don't support their line of business. People are trying to live and yet they're killing more people. smh