VituVingiSana wrote:Ericsson wrote:young wrote:Ericsson wrote:King of dividend in the financial sector for FY2020.
Ksh.1 per share which is a total of Ksh
5.86bn
Yes indeed.
But results of SCBK , ABSA, EQTY, and NIC still outstanding .
Any of them can pull a surprise in terms of dividend or bonus issue.
None of those you have mentioned can match that figure.
NIC would have to give a dividend of ksh.4.20 minimum to surpass the figure.
ABSA expect no dividend.
SCBK issued a profit warning and would have to give a dividend of ksh.18.30 to beat the figure.
Please show us the mathematics behind your numbers. Thank you.
The mathematics is based on the issued number of shares for the respectively
NCBA issued shares is 1,497,745,029 so dividend per share has to be about 4 to surpass Co-op
SCBK issued shares is 343510571 so dividend per share has to be 17.2 to surpass coop.
Coop bank issued shares is 5,869,179,554 and they are giving dividend per share of ksh.1.
Multiply the number of issued shares by dividend per share to get the dividend payout.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle