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TPS FY17
VituVingiSana
#11 Posted : Friday, April 20, 2018 12:28:55 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
obiero wrote:
Ebenyo wrote:
Pesa Nane wrote:
Final Div. Kshs. 0.35

Payable 26 July 2018
Closure 26 June 2018



1% dividend yield at the current price.

a mere 1% per year of waiting and people like @vvs are doing somersaults over such meager returns

Berkshire Hathaway pays a ZERO dividend.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#12 Posted : Friday, April 20, 2018 8:53:32 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
TPS is a very resilient company. It turns a profit and pays a dividend in spite of:

1. Capital intensive expansion and renovations at Nairobi Serena;
2. Acquisitions in the region;
3. Tourism downturn due to travel advisories;
4. Competition from new entrants.

This is a stock worth having in a portfolio at prices 20-30. Value will be unlocked in due course.
Life is short. Live passionately.
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