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411 on dividend and AGM
Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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mlennyma wrote:Who got total dividend? Total Kenya shareholders , please respond ? The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: New-farer Joined: 1/4/2019 Posts: 69 Location: Nairobi
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young wrote:mlennyma wrote:Who got total dividend? Total Kenya shareholders , please respond ? Got on 3rd Aug, EFT
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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babashuge wrote:young wrote:mlennyma wrote:Who got total dividend? Total Kenya shareholders , please respond ? Got on 3rd Aug, EFT who are their registrars, I want to follow up mine "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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mlennyma wrote:babashuge wrote:young wrote:mlennyma wrote:Who got total dividend? Total Kenya shareholders , please respond ? Got on 3rd Aug, EFT who are their registrars, I want to follow up mine Got mine last month Towards the goal of financial freedom
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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mlennyma wrote:babashuge wrote:young wrote:mlennyma wrote:Who got total dividend? Total Kenya shareholders , please respond ? Got on 3rd Aug, EFT who are their registrars, I want to follow up mine Image Registrars Note:- I don't own TOTAL shares. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 3/16/2019 Posts: 313
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CBK to determine bank dividend payouts in new rulesQuote:Some of the best capitalised and most consistent payers of dividends including KCB, Standard Chartered Bank Kenya and Absa Bank Kenya, have already skipped interim payouts for the half year ended June as their earnings contracted by double digits. A CEO of one of the lenders told Business Daily that dividend droughts is the new normal, at least in the short-term.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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kmucheke wrote:CBK to determine bank dividend payouts in new rulesQuote:Some of the best capitalised and most consistent payers of dividends including KCB, Standard Chartered Bank Kenya and Absa Bank Kenya, have already skipped interim payouts for the half year ended June as their earnings contracted by double digits. A CEO of one of the lenders told Business Daily that dividend droughts is the new normal, at least in the short-term.
I don't believe that story by business daily. Which bank has CBK bailed out? Such measures have been put in Europe and America where commercial banks were bailed out by the respective central banks during times of distress. Argument was after being given cheap money they then go and give it to shareholders which was irresponsible. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Ericsson wrote:kmucheke wrote:CBK to determine bank dividend payouts in new rulesQuote:Some of the best capitalised and most consistent payers of dividends including KCB, Standard Chartered Bank Kenya and Absa Bank Kenya, have already skipped interim payouts for the half year ended June as their earnings contracted by double digits. A CEO of one of the lenders told Business Daily that dividend droughts is the new normal, at least in the short-term.
I don't believe that story by business daily. Which bank has CBK bailed out? Such measures have been put in Europe and America where commercial banks were bailed out by the respective central banks during times of distress. Argument was after being given cheap money they then go and give it to shareholders which was irresponsible. https://www.businessdail...5354-mg704kz/index.html “We have received guidance from CBK asking us to revise our ICAAP (Internal Capital Adequacy Assessment Process) based on the pandemic,” a bank CEO told Business Daily, seeking anonymity for fear of CBK reprisals. “The regulator now requires that if we are to pay dividends this year, we get approval from CBK on the size of payouts. The boards of banks intending to pay dividends will really have to justify the decision.” Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/16/2019 Posts: 313
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VituVingiSana wrote:Ericsson wrote:kmucheke wrote:CBK to determine bank dividend payouts in new rulesQuote:Some of the best capitalised and most consistent payers of dividends including KCB, Standard Chartered Bank Kenya and Absa Bank Kenya, have already skipped interim payouts for the half year ended June as their earnings contracted by double digits. A CEO of one of the lenders told Business Daily that dividend droughts is the new normal, at least in the short-term.
I don't believe that story by business daily. Which bank has CBK bailed out? Such measures have been put in Europe and America where commercial banks were bailed out by the respective central banks during times of distress. Argument was after being given cheap money they then go and give it to shareholders which was irresponsible. https://www.businessdail...5354-mg704kz/index.html “We have received guidance from CBK asking us to revise our ICAAP (Internal Capital Adequacy Assessment Process) based on the pandemic,” a bank CEO told Business Daily, seeking anonymity for fear of CBK reprisals. “The regulator now requires that if we are to pay dividends this year, we get approval from CBK on the size of payouts. The boards of banks intending to pay dividends will really have to justify the decision.” This one I was expecting. Uganda's central bank already issued a dividend and bonus payment freeze. Bank of Uganda (BoU) suspends dividends, bonus paymentsQuote:The Bank of Uganda on March. 24 this year suspended all financial institutions under its supervision from paying dividends and bonuses to their shareholders as it seeks to reserve enough capital to the economy.
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Rank: Member Joined: 3/16/2019 Posts: 313
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Ericsson wrote:kmucheke wrote:CBK to determine bank dividend payouts in new rulesQuote:Some of the best capitalised and most consistent payers of dividends including KCB, Standard Chartered Bank Kenya and Absa Bank Kenya, have already skipped interim payouts for the half year ended June as their earnings contracted by double digits. A CEO of one of the lenders told Business Daily that dividend droughts is the new normal, at least in the short-term.
I don't believe that story by business daily. Which bank has CBK bailed out? Such measures have been put in Europe and America where commercial banks were bailed out by the respective central banks during times of distress. Argument was after being given cheap money they then go and give it to shareholders which was irresponsible. In Uganda's case, the reasoning was that the banks need to preserve capital so as to cushion the economy. All banks were ordered to adhere.
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Ericsson wrote:kmucheke wrote:CBK to determine bank dividend payouts in new rulesQuote:Some of the best capitalised and most consistent payers of dividends including KCB, Standard Chartered Bank Kenya and Absa Bank Kenya, have already skipped interim payouts for the half year ended June as their earnings contracted by double digits. A CEO of one of the lenders told Business Daily that dividend droughts is the new normal, at least in the short-term.
I don't believe that story by business daily. Which bank has CBK bailed out? Such measures have been put in Europe and America where commercial banks were bailed out by the respective central banks during times of distress. Argument was after being given cheap money they then go and give it to shareholders which was irresponsible. For Kenya this is complex and complicated. It is peculiar to different countries What applies to Uganda or SA may not be applicable to East African Financial hub (Kenya). . There are many powerful interests involved beyond CBK .Here is just a few. I believe GOK is in dire need of funds - Loss of direct income to govt eg KCB dividend that is huge. - Indirect income to govt thru KRA taxes on dividends , this is also huge. - Loss of income to organized local institutional investors eg 15 million members of coop movements - Loss of income to institutional majority shareholders as they expect dividend income from subsidiaries in a profitable year eg Stanbic SA, Standard Chartered Bank Uk, Absa SA. This will send a wrong signal to institutional big ticket majority owners of foreign banks . I believe for Kenya dividends can be reduced as per payout ratio relative to the net earnings but cannot be denied . For indigenous full blown Kenyan banks with no GOK , institutional or foreign interest then anything can happen. Examples are NCBA, Equity bank etc. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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NSE 2019 final div EFT has checked in today. If it don't make dollars, it don't make sense
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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When is Williamson dividend payment date? @Ericsson. Towards the goal of financial freedom
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Rank: New-farer Joined: 12/3/2009 Posts: 12 Location: Nairobi
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Scangroup Shareholders, did you receive your dividends? I haven't received mine. Anyone with information kindly share.
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Shefad wrote:Scangroup Shareholders, did you receive your dividends? I haven't received mine. Anyone with information kindly share. Not yet from my end. Payment date was 27th Aug, so give some days. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 5/14/2014 Posts: 288 Location: nairobi
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young wrote:Shefad wrote:Scangroup Shareholders, did you receive your dividends? I haven't received mine. Anyone with information kindly share. Not yet from my end. Payment date was 27th Aug, so give some days. I received and munched this one mid last month I find satisfaction in owning great business,not trading them
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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https://live.mystocks.co.ke/m/calendar=SCANThe wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Member Joined: 5/31/2011 Posts: 250
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young wrote:Shefad wrote:Scangroup Shareholders, did you receive your dividends? I haven't received mine. Anyone with information kindly share. Not yet from my end. Payment date was 27th Aug, so give some days. EFT Received on 18th Aug You lose money chasing women, but you never lose women chasing money - NAS
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Kenya Re dividend payment date 20 November 2020 Kengen dividend payment date 17 December 2020 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Hello Joined: 6/16/2019 Posts: 8
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Did Equity pay their dividends? You kill bird...bird dead snake come.
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