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Rank: Member Joined: 4/14/2011 Posts: 639
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With the current bearish market,the Income investors(dividend scounters) like Young are having a field day.I start this thread for wazuans to share on what the best dividend stocks are in the current market and going forward.KK ofcourse beats them all pants down.ID of more than 5%!who is 2nd?
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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TOTAL KENYA!!! although i sold to safeguard losses. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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jubilee pays a better return to shareholders than kenol year after year. 5.50 DPS+ 1:10 BONUS SHARES If one bought 100 shares before the FY results at 170, their total value in jubilee would be 17,000. If one received 10 shares and decided to sell at the current 179 they would receive 1,790 cash + 550 dividend. This brings a dividend yield of 13% per annum If one kept the shares their value would increase to 2,690 capital gains + 5.50 dividends.. a yield of 19%... Not even kenol got that beat Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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I believe dividends are a more regular and dependable occurence than bonus issues. #terms & conditions apply.
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Rank: Elder Joined: 4/22/2009 Posts: 2,863
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guru267 wrote:jubilee pays a better return to shareholders than kenol year after year.
5.50 DPS+ 1:10 BONUS SHARES
If one bought 100 shares before the FY results at 170, their total value in jubilee would be 17,000.
If one received 10 shares and decided to sell at the current 179 they would receive 1,790 cash + 550 dividend.
This brings a dividend yield of 13% per annum
If one kept the shares their value would increase to 2,690 capital gains + 5.50 dividends.. a yield of 19%...
Not even kenol got that beat A very crafty and misleading way of calculating dividend yield. IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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True @guru, I'm looking forward to H1 results, last year was on 15th August. Mr Juma said he would do something special on 13th August to commemorate OUR 75th Anniversary, maybe a special dividend? BTW I have been waiting for my dividend (and bonus) since 7th August, or did I get my dates wrong?
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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@Guru if you bought KK before full year announcement for the same amount 17000/9.5=1700 Shares, you would have received a dividend cheque of Sh680 vs JUB's Sh550...wooow we cant talk of the capital gains...they trounce that paltry ka bonus of yours...LOL...the same guy could be expecting an interim dividend of 0.57...Jub you are still waiting and not sure 
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Cde Monomotapa wrote:I believe dividends are a more regular and dependable occurence than bonus issues. #terms & conditions apply. A bonus is a regular occurence in companies with soaring earnings but with reducing dividend payout ratios and increasing dividend cover ratios... This is usually during expansion and is usually maintained all the way to the end of the expansion.. For Jubilee that is 2015.. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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the deal wrote:@Guru if you bought KK before full year announcement for the same amount 17000/9.5=1700 Shares, you would have received a dividend cheque of Sh680 vs JUB's Sh550...wooow we cant talk of the capital gains...they trounce that paltry ka bonus of yours...LOL...the same guy could be expecting an interim dividend of 0.57...Jub you are still waiting and not sure @ the deal 4% yield from kenol has never and will never be a better return than 13.7% from jubilee... Even if Kenol pay 1.20 DPS for 2011 and jubilee stays flat with their policy.. this will still be a 10.2% yield from kenol vs a 14.3% yield from jubilee.. Simply unmatched Its time for the african investor to consider other sources of dividends other than cash!! I might add the only two stocks I hold on the NSE are Kenol and jubilee... so both ways i laugh all the way to the bank. Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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the deal wrote:..the same guy could be expecting an interim dividend of 0.57... Indeed, a guy like me. Got that 0.52 div and XD increased my units by 410% @9.3. Let's see what XD after August 19th holds share price wise
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Cde Monomotapa wrote:the deal wrote:..the same guy could be expecting an interim dividend of 0.57... Indeed, a guy like me. Got that 0.52 div and XD increased my units by 410% @9.3. Let's see what XD after August 19th holds share price wise NB: Expecting a further 0.65cts for the 2nd half.
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Rank: Member Joined: 7/12/2011 Posts: 194
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Or you can go for Centum which is fond of giving 1:10 bonuses and has had amazing growth by any standards over the last 2 years. By the end of their 5 year plan, they might give a much better bonus
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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Gordon Gekko wrote:True @guru, I'm looking forward to H1 results, last year was on 15th August. Mr Juma said he would do something special on 13th August to commemorate OUR 75th Anniversary, maybe a special dividend? BTW I have been waiting for my dividend (and bonus) since 7th August, or did I get my dates wrong? Did you say you have been waiting for the bonus since 7th?! Today is 2nd august, unless if you have waited for it the whole year. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Sober wrote:Gordon Gekko wrote:True @guru, I'm looking forward to H1 results, last year was on 15th August. Mr Juma said he would do something special on 13th August to commemorate OUR 75th Anniversary, maybe a special dividend? BTW I have been waiting for my dividend (and bonus) since 7th August, or did I get my dates wrong? Did you say you have been waiting for the bonus since 7th?! Today is 2nd august, unless if you have waited for it the whole year. Bhangi mingi sio nzuri. I meant July. I have checked, they should have paid on 8th July
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Gordon Gekko wrote:True @guru, I'm looking forward to H1 results, last year was on 15th August. Mr Juma said he would do something special on 13th August to commemorate OUR 75th Anniversary, maybe a special dividend? BTW I have been waiting for my dividend (and bonus) since 7th August, or did I get my dates wrong? recieved, banked, spent. Got mine last week. They are so quick. Utapata. Now bonus shares, i got tired of waiting, they are taking forever. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 4/14/2011 Posts: 639
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From what you guys are saying I gather that KK and Jubilee are the star stocks..Is this historical or are likely to replicate the same going forward.What others do you see giving better yields esp on price dips?
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