Muthawamunene wrote:U do realise no dividends will be paid till 2014. so chances of appreciation are minimal in the short run, medium run- a slight bump up, and in the long run, if they meet their targets, it should be very rewarding. hope ur in it for the long haul.
now why did u sell kcb?
I think our market is usually more excited by bonus shares than by the few cents that most companies give as dividend.
Any idea on whether Centum will issue some bonus shares this time?The company will be announcing its results for the year ended March 2011 on Tue, 7th June 2011.
And BTW, if i am correct, The last time Centum paid a dividend was in financial year 07/08 and the 5 year strategic plan stipulating the no dividend policy is running up to 2012.