obiero wrote:Pesa Nane wrote:Final Div. Kshs. 0.35
Payable 26 July 2018
Closure 26 June 2018
Similar dividend to HF shares at a higher prevailing market price and without bonus shares..
Unlike HF, TPSEA doesn't need to pembeleza jittery shareholders.
A huge outlay of funds required to build a new wing and refurbish rooms at Serena Nairobi.
Bonus shares means cutting up the same pie into smaller pieces.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett