KCB Group has posted a pre-tax profit of Sh14.75B for the first half year ending June 2017

The Board of Directors have approved payment of an interim dividend of Sh1 per share to be paid in the next 90 Days

Conspiracy theories 😂

So thats a 10% dividend yield! 60/- here we come

3/- final dividend and interim of 1/- price is 40/-

Shiett how do you give final dividend then interim dividend.
Hiyo hesabu yako Horton joo

Thanks Winston. Thats exactly my logic. Wasn’t it obvious @Ericsson and ur friend Obiero?

🤣🤣 good one. 🤣🤣🤣

These washed out standup comedians posing as “wazuans” 😂

Okay ladies listen up..... dividend yield is calculated per annum not everytime a divend is declared.

🤦🏽‍♂️🤦🏽‍♂️

Looking at KCBs dividend policy, its been pretty predictable. Bet u 50 bob the final will be a minimum of 3/- add that to the interim and viola ....you have a dividend yield of 10% on todays price. Now is that too complicated Wazua elders?

As you were.....

No guarantee the takeover will happen...and by the way...if KCB is going in for the many government accounts at NBK...wouldnt that be (1) concentration risk from GOK perspective (2) what stops gok from spreading those accounts to other banks in future...it will be like buying a block of flats because the premium tenants but no guarantee the tenants will stay (3) yes KCB might enjoy the economies of scale...but what is the cost benefit analysis...will the bleeding be worth the gain? (4) there is still the anti-competition or monopolies hurdle to be overcome

Just saying.

My view is that KCB shouldnt touch NBK...even with a 10foot pole. The ineffeficiences...including npls will be to high a cost to be offset by the cheaper funds...

Think differently...nbk has the cheap funds but its suffering...kcb acquiring nbk wont cure the systemic problems overnight...so it bleeds...for some time ...maybe a long time..culture doesnt transfer immediately...its a poor bargain in my opnion....

If KCB is hungry for acquisition let it target a better bank than nbk.