Monk wrote:Ericsson wrote:Monk wrote:VituVingiSana wrote:winmak wrote:Ericsson wrote:winmak wrote:VituVingiSana wrote:Quality firm.
Quality Management.
VVS convinced me to board this bus...
Boarded at what price?
Circa 10... a while back pre Covid
If I had any 20/20 inkling on COVID, I would have gone all cash and bought BTC!
Hang in there.
Meanwhile a 7% dividend is sweet.
DY of 3.77% for me. I've held this counter since 2010. Share price has dropped significantly since then. Consistent dividends though have whittled down my capital loss to 15%. I don't plan on selling.
Have you factored in bonus share issue and share split done in 2013 to get your adjusted purchase price.
@Ericsson Yes, I did - ABP 14.51 after 1:2 bonus in 2013 and 1:5 split in 2014. I bought more in 2014/2015 when it was in the 20's, so my current ABP is 18.55 :(
Was it on my "Buy List" in the KES 20s?
I certainly like it at current levels but I am out of cash. I got a KenRe dividend Juzi but I also need/want cash on hand for expenses.
*Not directly related to CARB
The net dividends in 2020 (& going into 2021) might be lower than 2019.
I expect dividends from Centum (1.20), C&G (0.80), CARB (0.70), DTB (0.60) and Kenya Re (0.10-0.25) in 2021. Jubilee may pay a Special Dividend (or a higher dividend vs 2020) in 2021.
I expect reduced dividends from I&M (not sure how much), Stanbic, SCBK, WTK and KAPC too
,
I do not expect Unga, Longhorn, FTG and other banks (NCBA, Equity) I have to pay a dividend.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett