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hardwood		#61 Posted : Thursday, May 16, 2019 11:23:16 AM
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay		How many safaricom shares does one need to generate dividend income of 50k per month?
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Angelica _ann		#62 Posted : Thursday, May 16, 2019 11:30:03 AM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		hardwood wrote: How many safaricom shares does one need to generate dividend income of 50k per month? About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Ericsson		#63 Posted : Thursday, May 16, 2019 12:17:13 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		Angelica _ann wrote: hardwood wrote: How many safaricom shares does one need to generate dividend income of 50k per month? About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis. 480k shares assuming dividend at ksh.1.25 480k1.25=600k 50k12=600k Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Angelica _ann		#64 Posted : Thursday, May 16, 2019 12:27:17 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		Ericsson wrote: Angelica _ann wrote: hardwood wrote: How many safaricom shares does one need to generate dividend income of 50k per month? About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis. 480k shares assuming dividend at ksh.1.25 480k1.25=600k 50k12=600k yawa tho!!! Lakini should be 505,300 shares if you incorporate w/tax In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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hardwood		#65 Posted : Thursday, May 16, 2019 12:44:55 PM
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay		Angelica _ann wrote: Ericsson wrote: Angelica _ann wrote: hardwood wrote: How many safaricom shares does one need to generate dividend income of 50k per month? About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis. 480k shares assuming dividend at ksh.1.25 480k1.25=600k 50k12=600k yawa tho!!! Lakini should be 505,300 shares if you incorporate w/tax So outlay would be 505k shares @26 bob totaling about Ksh 13m exclusive of commissions. Bonds of the same value would give you double the income.
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Mastermind		#66 Posted : Thursday, May 16, 2019 12:48:49 PM
Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley		hardwood wrote: Angelica _ann wrote: Ericsson wrote: Angelica _ann wrote: hardwood wrote: How many safaricom shares does one need to generate dividend income of 50k per month? About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis. 480k shares assuming dividend at ksh.1.25 480k1.25=600k 50k12=600k yawa tho!!! Lakini should be 505,300 shares if you incorporate w/tax So outlay would be 505k shares @26 bob totaling about Ksh 13m exclusive of commissions. Bonds of the same value would give you double the income. I know were the discussion is headed to. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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maka		#67 Posted : Thursday, May 16, 2019 1:51:40 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		Mastermind wrote: hardwood wrote: Angelica _ann wrote: Ericsson wrote: Angelica _ann wrote: hardwood wrote: How many safaricom shares does one need to generate dividend income of 50k per month? About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis. 480k shares assuming dividend at ksh.1.25 480k1.25=600k 50k12=600k yawa tho!!! Lakini should be 505,300 shares if you incorporate w/tax So outlay would be 505k shares @26 bob totaling about Ksh 13m exclusive of commissions. Bonds of the same value would give you double the income. I know were the discussion is headed to. LOL..... IFB 16. possunt quia posse videntur
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chiaroscuro		#68 Posted : Friday, May 17, 2019 7:40:53 AM
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi		Superprime1 wrote: chiaroscuro wrote: littledove wrote: chiaroscuro wrote: littledove wrote: 1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b) I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend? normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves Not really. In recent years [2015 & 2017], Williamson Tea has paid dividends even after recording net losses. Those dividends were paid from accumulated reserves but they weren't called "Special". This "special dividend" is a Safaricom invention! They're special in the sense that shareholders shouldn't expect it to be the "new normal", but can anticipate a Sh1.25/share dividend (or an adjustment of the same) in their projections. There is nothing like "normal dividend", therefore, there is nothing like "special" dividend! Paying, say, Sh1.25 this year does NOT in any way tell you how much will be paid next year! Staying with the example of Williamson Tea.... 2014: EPS = 40.68; DPS = 7.00 2015: EPS = -11.88; DPS = 40.00 2016: EPS = 26.45; DPS = 20.00 2017: EPS = -13.73; DPS = 10.00 2018: EPS = 27.86; DPS = 20.00 There is no trend and no correlation; it is sporadic and chaotic! I used Williamson Tea as an illustration because it is the only company I can think of that pays dividends even in years when it has made losses [there could be others...] But the point is: this "normal" and "special" dividend is an invention by Safaricom and the have not explained what those terms mean.
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murchr		#69 Posted : Friday, May 17, 2019 3:20:47 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		chiaroscuro wrote: Superprime1 wrote: chiaroscuro wrote: littledove wrote: chiaroscuro wrote: littledove wrote: 1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b) I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend? normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves Not really. In recent years [2015 & 2017], Williamson Tea has paid dividends even after recording net losses. Those dividends were paid from accumulated reserves but they weren't called "Special". This "special dividend" is a Safaricom invention! They're special in the sense that shareholders shouldn't expect it to be the "new normal", but can anticipate a Sh1.25/share dividend (or an adjustment of the same) in their projections. There is nothing like "normal dividend", therefore, there is nothing like "special" dividend! Paying, say, Sh1.25 this year does NOT in any way tell you how much will be paid next year! Staying with the example of Williamson Tea.... 2014: EPS = 40.68; DPS = 7.00 2015: EPS = -11.88; DPS = 40.00 2016: EPS = 26.45; DPS = 20.00 2017: EPS = -13.73; DPS = 10.00 2018: EPS = 27.86; DPS = 20.00 There is no trend and no correlation; it is sporadic and chaotic! I used Williamson Tea as an illustration because it is the only company I can think of that pays dividends even in years when it has made losses [there could be others...] But the point is: this "normal" and "special" dividend is an invention by Safaricom and the have not explained what those terms mean. Investopedia tells me a special dividend is a non recurring distribution of a company's assets and its mainly larger than the normal or if you like regular dividend. Dig in more research, investment terms can be broad, Google should help. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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young		#70 Posted : Friday, May 17, 2019 5:32:09 PM
Rank: Elder Joined: 6/20/2007 Posts: 2,074 Location: Lagos, Nigeria		Special Dividend is a common terminology and is not peculiar to safaricom. EABL, BAMBURI and of late WPP SCAN had issued special dividends before. See more below https://www.simplysafedi...nd-impact-on-stock-price The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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