holycow wrote:Horton wrote:2/- dividend that’s disappointing
They had an interim dividend of 1/= after HY results. So it's 3/= for the whole financial year.
That interim was confusing.It came after we had got ksh 3.So it created an impression of Kshs 4 for the year 2017.
In my records,thats how i viewed it.My dividend yield after deductions was 9%.
But this year will be low.Assuming the hy interim will be ksh 1,it will make 2018 total of kshs 3 which will give me 7% yield.
The net amount i will get also will be 12% lower than last year.
I hope they wont change fast again.
I believe many shareholders will feel the kshs 2 dividend is low based on the abrupt introduction of HY interim last year.
Towards the goal of financial freedom