Cornelius Vanderbilt wrote:WE all know the drill/format: they sold some land somewhere.now the books are fat/healthy and they will give a nice dividend.
Wrong thread.
The only time I recall they sold a property, and paid a hefty dividend, was when they sold 50% of Williamson House & then distributed 100% of the proceeds.
Thereafter, it is all about good management and favorable KES/USD, tea prices and decent tea volumes.
If you still think I am wrong... Want to bet real cash?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett