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