VituVingiSana wrote:Ericsson wrote:Ericsson wrote:My 2 cents wrote:They are all reading from the same script.
2021 Dividends
KCB - Kes 3.00
Equity - Kes 3.00
NCBA - Kes 3.00
DTB - Kes 3.00??????
DTB Ksh.3
Book closure 30 June 2022
Payment date 29 July 2022
Useless folks.
That's paying at least 2 months AFTER most other banks.
Meanwhile some banks (SCBK, etc) will likely announce interim dividends by mid-August 2022.
KCB play the same games i.e. paying in July. KCB won't even announce the payment date this year.
Don't understand why these companies pay in July when they can earn some goodwill paying in May. After all May to May next year is one year. As is July to July. So why not just pick the earlier month for favourable investor perception of efficiency?
Tsk - they probably think they are earning 2 months interest by delaying payment. That or it is just disorganisation.