wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

81 Pages«<5253545556>»
KenyaRe FY19 - FY23 (Both Inclusive)
Options
Previous Topic · Next Topic
Ericsson
#531 Posted : Thursday, October 01, 2020 7:10:50 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Financial firms e.g. banks and insurance firms are under pressure from regulators to reduce dividends.
In some cases, the reduction is 100%. Some are using COVID as an excuse to reduce dividends.

- Look at NCBA.
- - Equity too but at least I can buy it given the $95mn purchase of BCDC when it is tough to raise funds.
SCBK had a 50% reduction of a nice dividend.

I&M and DTB paid the dividend but it was lousy (low dividend payout ration esp DTB) anyway.

FY 2020 (in 2021) may be worse given the huge NPL hits.


I think insurance firms (including Kenya Re) will do in 2021 what banks did in 2020. That said, the 10 cents is a very low payout and might not reduced.

COVID remains a threat as we head to 2021.


Kenya Re should pay minimum 20 cents dividend for FY2020.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
babashuge
#532 Posted : Thursday, October 01, 2020 7:31:33 AM
Rank: New-farer

Joined: 1/4/2019
Posts: 69
Location: Nairobi
VituVingiSana wrote:
Balaa wrote:
Angelica _ann wrote:
Hii 10 cents tunalipwa lini majameni smile


Malisema kwa notice of AGM it is payable "on or about" 20 November 2020.
Under other circumstances, I would be Shame on you about 10 cents but seeing what has happened with the banks (NCBA, Equity)... I am Applause Applause Applause

Every penny counts.


Heh, hata cents zikianguka zitalia tu kama pesa
Back to top
  |
Angelica _ann
#533 Posted : Thursday, October 01, 2020 12:12:36 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
babashuge wrote:
VituVingiSana wrote:
Balaa wrote:
Angelica _ann wrote:
Hii 10 cents tunalipwa lini majameni smile


Malisema kwa notice of AGM it is payable "on or about" 20 November 2020.
Under other circumstances, I would be Shame on you about 10 cents but seeing what has happened with the banks (NCBA, Equity)... I am Applause Applause Applause

Every penny counts.


Heh, hata cents zikianguka zitalia tu kama pesa


Asanteni sana, now when is books closure?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
Ericsson
#534 Posted : Thursday, October 01, 2020 1:01:40 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ericsson wrote:
Virtual AGM will be held on 9 October 2020.
To approve payment of dividend of ksh.0.10 per share for the financial year ended 31st December 2019 to the shareholders registered in the books as at 9th October 2020 to be paid on or about 20th November 2020.


@Angelica
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Angelica _ann
#535 Posted : Thursday, October 01, 2020 2:51:22 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Ericsson wrote:
Ericsson wrote:
Virtual AGM will be held on 9 October 2020.
To approve payment of dividend of ksh.0.10 per share for the financial year ended 31st December 2019 to the shareholders registered in the books as at 9th October 2020 to be paid on or about 20th November 2020.


@Angelica


Thanks alot.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
point
#536 Posted : Tuesday, October 06, 2020 10:49:21 AM
Rank: New-farer

Joined: 8/23/2015
Posts: 64
Location: nairobi
They changed the book closure! My dividend has vanished just like that😭😭😭



Angelica _ann wrote:
Ericsson wrote:
Ericsson wrote:
Virtual AGM will be held on 9 October 2020.
To approve payment of dividend of ksh.0.10 per share for the financial year ended 31st December 2019 to the shareholders registered in the books as at 9th October 2020 to be paid on or about 20th November 2020.


@Angelica


Thanks alot.

Back to top
  |
Ericsson
#537 Posted : Tuesday, October 06, 2020 11:22:21 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
point wrote:
They changed the book closure! My dividend has vanished just like that😭😭😭

Laughing out loudly d'oh!

Angelica _ann wrote:
Ericsson wrote:
Ericsson wrote:
Virtual AGM will be held on 9 October 2020.
To approve payment of dividend of ksh.0.10 per share for the financial year ended 31st December 2019 to the shareholders registered in the books as at 9th October 2020 to be paid on or about 20th November 2020.


@Angelica


Thanks alot.



@point
You sold the shares you owned
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  | | Edit by user: Tuesday, October 06, 2020 11:23 AM | Reason: Not specified
point
#538 Posted : Tuesday, October 06, 2020 11:45:59 AM
Rank: New-farer

Joined: 8/23/2015
Posts: 64
Location: nairobi
Yes....
Back to top
  |
Ericsson
#539 Posted : Wednesday, October 07, 2020 8:40:12 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
point wrote:
Yes....


Too bad,wait for next year,probably they might double the dividend.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Balaa
#540 Posted : Friday, October 09, 2020 11:06:34 AM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
AGM currently in session.
If it don't make dollars, it don't make sense
Back to top
WWW
  |
81 Pages«<5253545556>»
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.