wazua Wed, Apr 1, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
BBK Profit Before Tax Rises 8% Dividend set at 1/=
Options
Previous Topic · Next Topic
dunkang
#11 Posted : Wednesday, February 13, 2013 12:02:05 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
DOWNLOAD THE REPORT HERE
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
Ericsson
#12 Posted : Wednesday, February 13, 2013 3:49:11 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,810
Location: NAIROBI
The dividend payout has reduced by 35% even as the profits grew.The bank is now starting to preserve cash instead of distributing to shareholders.
This is a change of tact by the bank and the era of handsome dividends is over.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
mwekez@ji
#13 Posted : Wednesday, February 13, 2013 4:10:21 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@Ericsson, the payout in 2012 is higher than in 2011 when you factor the fact that a special dividend of KES 0.60 was paid in year 2011.

Year 2012
EPS: KES 1.61
DPS: KES 1.00
Payout ratio: 62.11%

Year 2011
EPS: KES 1.49
DPS: KES 0.90
Payout ratio: 60.40%
Back to top
  |
FUNKY
#14 Posted : Wednesday, February 13, 2013 4:18:24 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Back to top
  |
mwekez@ji
#15 Posted : Wednesday, February 13, 2013 4:30:16 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
@Ericsson, this BBK is quite a mature bank with very strong capital adequacy and liquidity ratios. They also cant expand to the region so they don’t seem to need any more capital. That leaves no need to retain profits. They may dish out a special dividend in year 2013 to keep dividend shareholders appeased rather than just lumping the money in government securities, just saying.
Back to top
  |
Cde Monomotapa
#16 Posted : Wednesday, February 13, 2013 6:47:38 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Indeed. Local banks earn more coz they invest more in you. So much for the International Community Sad http://www.herald.co.zw/...w=article&Itemid=133
Back to top
  |
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.