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KPLC Dividends - are they ever paid on time?
My 2 cents
#1 Posted : Friday, June 29, 2012 8:18:23 AM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,090
Has anyone received their interim dividends? I always have to chase after mine, calling KPLC registry. The ID were to be paid 30th May and remain unpaid one month later. This is not an isolated case, I have has to chase after each and every KPLC dividend ever since I became a shareholder.

Why does KPLC not outsource this function if they cannot handle it inhouse - because clearly they cannot.
2012
#2 Posted : Friday, June 29, 2012 9:07:59 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Nope. Anyway no surprises, KPLC are not known for keeping their word.

BBI will solve it
:)
Ericsson
#3 Posted : Friday, June 29, 2012 9:29:06 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,808
Location: NAIROBI
received my cheque last week,banked it and now its cash at hand
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
guru267
#4 Posted : Friday, June 29, 2012 9:29:19 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
I receive my cheques in Uganda and my FY 2011 dividend arrived in April 2012.. 10 FRIGGIN MONTHS LATER!!!

I expect my interim to come in October Sad
Mark 12:29
Deuteronomy 4:16
BGL
#5 Posted : Friday, June 29, 2012 9:49:11 AM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
I have not received mine either!
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Chaka
#6 Posted : Friday, June 29, 2012 10:05:48 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
My 2 cents wrote:

Why does KPLC not outsource this function if they cannot handle it inhouse - because clearly they cannot.

Luckily I received mine by post.Maybe you are always unlucky and your cheque keeps falling by the roadside from the mailman's bag...
Aguytrying
#7 Posted : Friday, June 29, 2012 10:25:13 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Got mine this week tuesday. KPLC really delays i agree, though for some of you its on the extreme.

What are your thoughts on the business fellow KPLC investors? what kind of growth do you forsee in the next 2/3 yrs?
The investor's chief problem - and even his worst enemy - is likely to be himself
gatoho
#8 Posted : Friday, June 29, 2012 7:43:56 PM
Rank: Member

Joined: 1/1/2010
Posts: 518
Location: kandara, Murang'a
guru267 wrote:
I receive my cheques in Uganda and my FY 2011 dividend arrived in April 2012.. 10 FRIGGIN MONTHS LATER!!!

I expect my interim to come in October Sad


Are the Checks valid for 6 mo or a yr?
Foresight..
My 2 cents
#9 Posted : Friday, June 29, 2012 9:06:01 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,090
Mine are paid via EFT so I do not understand the delay. I was informed 'one of the signatories' is out of the country!!!
In Feb (2011 divs)they paid me the 5% W/Tax rather than the dividend itself NTK!
guru267
#10 Posted : Saturday, June 30, 2012 6:13:02 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
gatoho wrote:
guru267 wrote:
I receive my cheques in Uganda and my FY 2011 dividend arrived in April 2012.. 10 FRIGGIN MONTHS LATER!!!

I expect my interim to come in October Sad


Are the Checks valid for 6 mo or a yr?


1 year...
Mark 12:29
Deuteronomy 4:16
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