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Stima Sacco Dividends
Rank: New-farer Joined: 10/13/2014 Posts: 28
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These were issued on Thursday 29th March. Any one else having trouble accessing via M-Sacco?
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Rank: Elder Joined: 2/7/2007 Posts: 921
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Wow. You awoke me. Was not aware they had declared. I can access my slip on their portal but not the dividend. They should notify via sms once the cash hits your account
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Rank: Member Joined: 3/30/2009 Posts: 56
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They've charged me 10% 'to process' the dividend to my FOSA account. Thieves
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Rank: Member Joined: 1/1/2010 Posts: 518 Location: kandara, Murang'a
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Have tried to no avail to get them to reinvest last year's and this year's dividend Foresight..
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Rank: Member Joined: 3/30/2009 Posts: 56
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Is it true they've declare 5% in deposits and 5% on shares? 
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Rank: Elder Joined: 12/4/2009 Posts: 10,816 Location: NAIROBI
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peep wrote:Is it true they've declare 5% in deposits and 5% on shares? what and any reason given for the low returns. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/6/2011 Posts: 391 Location: Nairobi
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From what I gather, this is not a declared % ( which will be done during the AGM ) but rather a % to be used for your dividend discounting. "You can't have everything. Where would you put it?" - Stephen Wright
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Rank: Elder Joined: 12/4/2009 Posts: 10,816 Location: NAIROBI
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Speculz wrote:From what I gather, this is not a declared % ( which will be done during the AGM ) but rather a % to be used for your dividend discounting. dividend discounting meaning? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 5/6/2011 Posts: 391 Location: Nairobi
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Ericsson wrote:Speculz wrote:From what I gather, this is not a declared % ( which will be done during the AGM ) but rather a % to be used for your dividend discounting. dividend discounting meaning? In some Kenyan saccos, basically means you can take a loan ( with a one off interest rate) based on your projected dividends up to a certain % which will then be deducted from your final dividend. "You can't have everything. Where would you put it?" - Stephen Wright
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Rank: Veteran Joined: 10/8/2008 Posts: 1,575
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