A split will resolve this, but then the Board has no reason to split as the shareholders are few and fiercely loyal.

They celebrate 75 years existence this year and I bet they might have something (I don't know what) for shareholders.

@msimon I agree that jub will change some of their bonds to "held to maturity" but these guys have invested heavily in bonds since may when rates started to shoot up so they are more likely to record some nice gains rather than losses if inflation reverses in november with the expected rains..

unlike other insurers jub is not affected by write downs in its quoted stocks holdings value.. This is because of their huge diversification into private equity (property, power generation, food production, fibre optics etc)

I expect a final dividend of 5.5 (total 6.5) plus 1:10 bonus..

But dont forget the special dividend that will come to celebrate 75years anniversary...

75 years started on August 3rd 2011.. so I expect the dividends to come with last years report..

By the time 2012 report comes we will be in 76th year..

@mwekez@ji, I rather hope for a bonus share rather than a special dividend. Dividends don't are not good value considering that they are wiped out as soon as they hit your account. If say they offered a share for every 10 held, on top of the usual 1:10 (total 2:10) then that will be something.

But looking at the Pan Africa numbers, I'm not feeling very confident about the 2011 results.