Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
|
xxxxx wrote:obiero wrote:Ericsson wrote:mlennyma wrote:Paying more dividend than eps To prop up the share price A company cannot or rather should not maintain the same dividend against a drastically reduced performance.. I believe that once management and the board concludes that the business environment/economics are such that they can not reinvest the company's funds to generate decent returns for shareholders, its actually prudent and beneficial to return these funds to shareholders. Whether it props up share price or not is a non issue. WB says the same thing and when BH cannot generate what WB feels is a "decent" return then return the "excess" cash to the shareholders. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 5/2/2018 Posts: 267
|
BOC Kenya Plc has appointed Marion Gathoga-Mwangi as Managing Director w.e.f July 16, 2018. She joins BOC from the Association of Certified Chartered Accountants (ACCA), which she headed.
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
Superprime1 wrote:BOC Kenya Plc has appointed Marion Gathoga-Mwangi as Managing Director w.e.f July 16, 2018. She joins BOC from the Association of Certified Chartered Accountants (ACCA), which she headed.  Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Veteran Joined: 12/11/2006 Posts: 930
|
Ebenyo wrote:obiero wrote:Ericsson wrote:mlennyma wrote:Paying more dividend than eps To prop up the share price A company cannot or rather should not maintain the same dividend against a drastically reduced performance.. Our economy and other factors are to blame.Mature companies are finding it rough in the business.NMG,Bamburi,BAT,EABL,Carbacid and BOC are reporting declining revenues YOY. I concur with that. Performances of many companies in kenya was negatively affected by interest rate caps. “Invest in yourself. Your career is the engine of your wealth.”
|
|
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.