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411 on dividend and AGM
Rank: Member Joined: 9/11/2015 Posts: 245 Location: Thika
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Is it possible to have all companies that you own to send you dividends via Mpesa instead of the post office? Today I asked and apparently only safcom pays dividends via Mpesa. I'm asking here because I am doubtful of the response I got from that bank teller. Since men have learned to shoot without missing, I have learned to fly without perching
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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Jon Jones wrote:Is it possible to have all companies that you own to send you dividends via Mpesa instead of the post office? Today I asked and apparently only safcom pays dividends via Mpesa. I'm asking here because I am doubtful of the response I got from that bank teller. There is a form you fill with your broker on how you want to receive your dividends. I don't know if MPesa is a universal option but you can do through your bank. That is universal. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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Jon Jones wrote:Is it possible to have all companies that you own to send you dividends via Mpesa instead of the post office? Today I asked and apparently only safcom pays dividends via Mpesa. I'm asking here because I am doubtful of the response I got from that bank teller. A bank teller is the worst person to ask that question. Talk to your broker. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 3/15/2010 Posts: 391 Location: nairobie
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Jon Jones wrote:Is it possible to have all companies that you own to send you dividends via Mpesa instead of the post office? Today I asked and apparently only safcom pays dividends via Mpesa. I'm asking here because I am doubtful of the response I got from that bank teller. for me i prefer cheques i hadnt registered for safaricom mpesa option but since they have our details mpesa ikaanza kuingia by force
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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subaru wrote:Jon Jones wrote:Is it possible to have all companies that you own to send you dividends via Mpesa instead of the post office? Today I asked and apparently only safcom pays dividends via Mpesa. I'm asking here because I am doubtful of the response I got from that bank teller. for me i prefer cheques i hadnt registered for safaricom mpesa option but since they have our details mpesa ikaanza kuingia by force I prefer my dividends as EFTs but NMG paid me by Mpesa by force for the year 2021 Life is short. Live passionately.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,089
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For amounts below certain limits, Safaricom pays by MPESA regardless of what your broker form says.
C&R is also known to call to convince investors to take MPESA option despite what the broker form says.
Once after I received such a call, I redirected them to my broker form yet again, I prefer EFTs.
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Rank: Elder Joined: 6/20/2007 Posts: 2,074 Location: Lagos, Nigeria
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My 2 cents wrote:For amounts below certain limits, Safaricom pays by MPESA regardless of what your broker form says.
C&R is also known to call to convince investors to take MPESA option despite what the broker form says.
Once after I received such a call, I redirected them to my broker form yet again, I prefer EFTs. @My 2 cents OR anyone Please what is the limit to transfer Safaricom dividend by EFT ? Is it 5,000/- or 10,000/- and above or what limit ? Thanks 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: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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young wrote:My 2 cents wrote:For amounts below certain limits, Safaricom pays by MPESA regardless of what your broker form says.
C&R is also known to call to convince investors to take MPESA option despite what the broker form says.
Once after I received such a call, I redirected them to my broker form yet again, I prefer EFTs. @My 2 cents OR anyone Please what is the limit to transfer Safaricom dividend by EFT ? Is it 5,000/- or 10,000/- and above or what limit ? Thanks No limit on the floor and roof. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/20/2007 Posts: 2,074 Location: Lagos, Nigeria
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Ericsson wrote:young wrote:My 2 cents wrote:For amounts below certain limits, Safaricom pays by MPESA regardless of what your broker form says.
C&R is also known to call to convince investors to take MPESA option despite what the broker form says.
Once after I received such a call, I redirected them to my broker form yet again, I prefer EFTs. @My 2 cents OR anyone Please what is the limit to transfer Safaricom dividend by EFT ? Is it 5,000/- or 10,000/- and above or what limit ? Thanks No limit on the floor and roof. Please @Ericsson what I mean is up to what amount does the registrar consider too SMALL to transfer SAFARICOM or other COUNTERS by EFT , but instead rather wants to transfer by MPESA ? Is it 5,000 bob and below or what is the low limit they opt to send by MPESA instead of registered EFT details ? Many thanks 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: 6/26/2008 Posts: 399
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young wrote:Ericsson wrote:young wrote:My 2 cents wrote:For amounts below certain limits, Safaricom pays by MPESA regardless of what your broker form says.
C&R is also known to call to convince investors to take MPESA option despite what the broker form says.
Once after I received such a call, I redirected them to my broker form yet again, I prefer EFTs. @My 2 cents OR anyone Please what is the limit to transfer Safaricom dividend by EFT ? Is it 5,000/- or 10,000/- and above or what limit ? Thanks No limit on the floor and roof. Please @Ericsson what I mean is up to what amount does the registrar consider too SMALL to transfer SAFARICOM or other COUNTERS by EFT , but instead rather wants to transfer by MPESA ? Is it 5,000 bob and below or what is the low limit they opt to send by MPESA instead of registered EFT details ? Many thanks If I am not wrong, it's 35k. Anything above 35k is EFT, below you can have MPESA or EFT.
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