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2021 Dividend Draught Projections
Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Ericsson wrote:young wrote:Ericsson wrote:young wrote:Ericsson wrote:FY21 Listed Banks dividend expectations
KCB
-Paid an interim dividend of ksh.1
-Final dividend expectation Ksh.2.50
-Total FY21 dividend Ksh.3.5
Equity
-Final dividend expectation Ksh.2.50-3
-Total FY21 dividend Ksh.2.5-3
Co-op Bank
-Final dividend expectation Ksh.1
-Total FY21 dividend Ksh.1
NCBA
-Paid an interim dividend of ksh.0.75
-Final dividend expectation Ksh.1.25-1.5
-Total FY21 dividend Ksh.2-2.25
DTB
-Final dividend expectation Ksh.2.6-3
-Total FY21 dividend Ksh.2.6-3
ABSA
-Final dividend expectation Ksh.1-1.10
-Total FY21 dividend Ksh.1-1.10
I&M
-Final dividend expectation Ksh.1-1.50
-Total FY21 dividend Ksh.1-1.5
SCBK
-Paid an interim dividend of ksh.5
-Final dividend expectation Ksh.12.50-15
-Total FY21 dividend Ksh.17.5-20
Stanbic
-Paid an interim dividend of ksh.1.7
-Final dividend expectation Ksh.5.50-6
-Total FY21 dividend Ksh.7.20-7.7 I am cautiously optimistic. KCB..final dividend of 2 bob Fy21 dividend 3 bob (incl 1 bob interim dividend) EQUITY..First and final dividend of 2 bob SCBK..Final dividend of 8 bob Fy 21 dividend 13 bob (incl 5 bob interim dividend) ABSA..First and final dividend of 90cts STANBIC.Final dividend of 3.8 bob Fy21 dividend 5.5 bob (incl 1.7 bob interim dividend) My argument is based on the need for further capital preservation occasioned by covid that have refused to subside . @Young Coop I&M Equity DTB ABSA They came on target. Now let's project FY2022 @Ericsson , I project as follows on the ones I hold positions KCB...3.5 (1.0 & 2.5) ABSA..1.2 (0.2 & 1.0) SCBK. 20.0 (5 & 15) Coop..1.2 or 1.3 NCBA. 3.5 (1.0 & 2.5) KCB 4 (1.00 & 3.00) so long as there is no huge costs associated with DRC acquisition KCB dividend forecast lowered to ksh.3 Interim dividend ksh.1 Final dividend ksh.2 This is due to the cost of acquisition for TMB DRC of about ksh.16bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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young wrote:Ericsson wrote:young wrote:Ericsson wrote:FY21 Listed Banks dividend expectations
KCB
-Paid an interim dividend of ksh.1
-Final dividend expectation Ksh.2.50
-Total FY21 dividend Ksh.3.5
Equity
-Final dividend expectation Ksh.2.50-3
-Total FY21 dividend Ksh.2.5-3
Co-op Bank
-Final dividend expectation Ksh.1
-Total FY21 dividend Ksh.1
NCBA
-Paid an interim dividend of ksh.0.75
-Final dividend expectation Ksh.1.25-1.5
-Total FY21 dividend Ksh.2-2.25
DTB
-Final dividend expectation Ksh.2.6-3
-Total FY21 dividend Ksh.2.6-3
ABSA
-Final dividend expectation Ksh.1-1.10
-Total FY21 dividend Ksh.1-1.10
I&M
-Final dividend expectation Ksh.1-1.50
-Total FY21 dividend Ksh.1-1.5
SCBK
-Paid an interim dividend of ksh.5
-Final dividend expectation Ksh.12.50-15
-Total FY21 dividend Ksh.17.5-20
Stanbic
-Paid an interim dividend of ksh.1.7
-Final dividend expectation Ksh.5.50-6
-Total FY21 dividend Ksh.7.20-7.7 I am cautiously optimistic. KCB..final dividend of 2 bob Fy21 dividend 3 bob (incl 1 bob interim dividend) EQUITY..First and final dividend of 2 bob SCBK..Final dividend of 8 bob Fy 21 dividend 13 bob (incl 5 bob interim dividend) ABSA..First and final dividend of 90cts STANBIC.Final dividend of 3.8 bob Fy21 dividend 5.5 bob (incl 1.7 bob interim dividend) My argument is based on the need for further capital preservation occasioned by covid that have refused to subside . @Young Coop I&M Equity DTB ABSA They came on target. Now let's project FY2022 @Ericsson , I project as follows on the ones I hold positions KCB...3.5 (1.0 & 2.5) ABSA..1.2 (0.2 & 1.0) SCBK. 20.0 (5 & 15) Coop..1.2 or 1.3 NCBA. 3.5 (1.0 & 2.5) UPDATE NCBA UPGRADE With 2 bob interim the new projection is 4.5 (2.0 & 2.5) . Bravo NCBA 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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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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young wrote:young wrote:Ericsson wrote:young wrote:Ericsson wrote:FY21 Listed Banks dividend expectations
KCB
-Paid an interim dividend of ksh.1
-Final dividend expectation Ksh.2.50
-Total FY21 dividend Ksh.3.5
Equity
-Final dividend expectation Ksh.2.50-3
-Total FY21 dividend Ksh.2.5-3
Co-op Bank
-Final dividend expectation Ksh.1
-Total FY21 dividend Ksh.1
NCBA
-Paid an interim dividend of ksh.0.75
-Final dividend expectation Ksh.1.25-1.5
-Total FY21 dividend Ksh.2-2.25
DTB
-Final dividend expectation Ksh.2.6-3
-Total FY21 dividend Ksh.2.6-3
ABSA
-Final dividend expectation Ksh.1-1.10
-Total FY21 dividend Ksh.1-1.10
I&M
-Final dividend expectation Ksh.1-1.50
-Total FY21 dividend Ksh.1-1.5
SCBK
-Paid an interim dividend of ksh.5
-Final dividend expectation Ksh.12.50-15
-Total FY21 dividend Ksh.17.5-20
Stanbic
-Paid an interim dividend of ksh.1.7
-Final dividend expectation Ksh.5.50-6
-Total FY21 dividend Ksh.7.20-7.7 I am cautiously optimistic. KCB..final dividend of 2 bob Fy21 dividend 3 bob (incl 1 bob interim dividend) EQUITY..First and final dividend of 2 bob SCBK..Final dividend of 8 bob Fy 21 dividend 13 bob (incl 5 bob interim dividend) ABSA..First and final dividend of 90cts STANBIC.Final dividend of 3.8 bob Fy21 dividend 5.5 bob (incl 1.7 bob interim dividend) My argument is based on the need for further capital preservation occasioned by covid that have refused to subside . @Young Coop I&M Equity DTB ABSA They came on target. Now let's project FY2022 @Ericsson , I project as follows on the ones I hold positions KCB...3.5 (1.0 & 2.5) ABSA..1.2 (0.2 & 1.0) SCBK. 20.0 (5 & 15) Coop..1.2 or 1.3 NCBA. 3.5 (1.0 & 2.5) UPDATE NCBA UPGRADE With 2 bob interim the new projection is 4.5 (2.0 & 2.5) . Bravo NCBA in the next two years the price of NCBA will be at par with the like of equity and kcb, not because it will be as profitable as the two but because of generous dividend There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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littledove wrote:young wrote:young wrote:Ericsson wrote:young wrote:Ericsson wrote:FY21 Listed Banks dividend expectations
KCB
-Paid an interim dividend of ksh.1
-Final dividend expectation Ksh.2.50
-Total FY21 dividend Ksh.3.5
Equity
-Final dividend expectation Ksh.2.50-3
-Total FY21 dividend Ksh.2.5-3
Co-op Bank
-Final dividend expectation Ksh.1
-Total FY21 dividend Ksh.1
NCBA
-Paid an interim dividend of ksh.0.75
-Final dividend expectation Ksh.1.25-1.5
-Total FY21 dividend Ksh.2-2.25
DTB
-Final dividend expectation Ksh.2.6-3
-Total FY21 dividend Ksh.2.6-3
ABSA
-Final dividend expectation Ksh.1-1.10
-Total FY21 dividend Ksh.1-1.10
I&M
-Final dividend expectation Ksh.1-1.50
-Total FY21 dividend Ksh.1-1.5
SCBK
-Paid an interim dividend of ksh.5
-Final dividend expectation Ksh.12.50-15
-Total FY21 dividend Ksh.17.5-20
Stanbic
-Paid an interim dividend of ksh.1.7
-Final dividend expectation Ksh.5.50-6
-Total FY21 dividend Ksh.7.20-7.7 I am cautiously optimistic. KCB..final dividend of 2 bob Fy21 dividend 3 bob (incl 1 bob interim dividend) EQUITY..First and final dividend of 2 bob SCBK..Final dividend of 8 bob Fy 21 dividend 13 bob (incl 5 bob interim dividend) ABSA..First and final dividend of 90cts STANBIC.Final dividend of 3.8 bob Fy21 dividend 5.5 bob (incl 1.7 bob interim dividend) My argument is based on the need for further capital preservation occasioned by covid that have refused to subside . @Young Coop I&M Equity DTB ABSA They came on target. Now let's project FY2022 @Ericsson , I project as follows on the ones I hold positions KCB...3.5 (1.0 & 2.5) ABSA..1.2 (0.2 & 1.0) SCBK. 20.0 (5 & 15) Coop..1.2 or 1.3 NCBA. 3.5 (1.0 & 2.5) UPDATE NCBA UPGRADE With 2 bob interim the new projection is 4.5 (2.0 & 2.5) . Bravo NCBA in the next two years the price of NCBA will be at par with the like of equity and kcb, not because it will be as profitable as the two but because of generous dividend The influence of the house on the hill is a worrying factor.Once the occupier is out will they still get the favours they are currently getting? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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https://www.businessdailyafrica.com/bd/markets/capital-markets/ncba-crafts-new-generous-dividend-payment-policy-3930456NCBA Group plans to pay up to 50 percent of net earnings as dividends going forward, indicating increased returns to shareholders for a bank that previously kept its cash distributions at 20 percent of net income. The Nairobi Securities Exchange-listed lender said it now targets to set a dividend policy of paying 35 percent to 50 percent of profits in a policy that also takes into account capital investment requirements. The dividend policy comes after the bank emerged from the amalgamation of the former CBA Group and NIC Group --which previously did not have a formal dividend policy but had a tradition of paying a fifth of net income to shareholders. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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littledove wrote:https://www.businessdailyafrica.com/bd/markets/capital-markets/ncba-crafts-new-generous-dividend-payment-policy-3930456NCBA Group plans to pay up to 50 percent of net earnings as dividends going forward, indicating increased returns to shareholders for a bank that previously kept its cash distributions at 20 percent of net income. The Nairobi Securities Exchange-listed lender said it now targets to set a dividend policy of paying 35 percent to 50 percent of profits in a policy that also takes into account capital investment requirements. The dividend policy comes after the bank emerged from the amalgamation of the former CBA Group and NIC Group --which previously did not have a formal dividend policy but had a tradition of paying a fifth of net income to shareholders. To be safe and avoid disappointments plan with the lower end of 35% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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So much propaganda on the streets and so much talk about state capture. Did NCBA enjoy state largesse . Has very good DIY but I am worried if fortunes may change
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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heri wrote:So much propaganda on the streets and so much talk about state capture. Did NCBA enjoy state largesse . Has very good DIY but I am worried if fortunes may change Check after one year to confirm your allegations Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
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Ericsson wrote:heri wrote:So much propaganda on the streets and so much talk about state capture. Did NCBA enjoy state largesse . Has very good DIY but I am worried if fortunes may change Check after one year to confirm your allegations But then I might have burnt my fingers . Do you see NCBA performance going down
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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heri wrote:Ericsson wrote:heri wrote:So much propaganda on the streets and so much talk about state capture. Did NCBA enjoy state largesse . Has very good DIY but I am worried if fortunes may change Check after one year to confirm your allegations But then I might have burnt my fingers . Do you see NCBA performance going down FY2022 they will do well. That question can be answered from Q1 2023 results onwards Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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KCB has opened the way for interim dividends at Q3. Reported 1bob dividend . We anticipate the following interims as well:- SCBK. 5 bob SBIC 1.7 bob 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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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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young wrote:KCB has opened the way for interim dividends at Q3. Reported 1bob dividend .
We anticipate the following interims as well:-
SCBK. 5 bob
SBIC 1.7 bob
SCBK made a provision of Kes 10 per share in the 2022 HY accounts. Will be interesting to see if this is revised down in Q3.
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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My 2 cents wrote:young wrote:KCB has opened the way for interim dividends at Q3. Reported 1bob dividend .
We anticipate the following interims as well:-
SCBK. 5 bob
SBIC 1.7 bob
SCBK made a provision of Kes 10 per share in the 2022 HY accounts. Will be interesting to see if this is revised down in Q3. For SCBK 10 Bob interim and 12 bob final is is possible . 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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Rank: Member Joined: 8/19/2015 Posts: 125
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When is Equity Bank releasing Q3 results?
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Updated Banking Sector Fy22 Dividend Projection. COOP.....1.35 KCB......1 & 2.5 SCBK.....10 & 12 SBIC.....1.8 & 8.2 NCBA..,...2.0 & 2.5 ABSA .....0.20 & 1.00 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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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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young wrote:Updated Banking Sector Fy22 Dividend Projection.
COOP.....1.35
KCB......1 & 2.5
SCBK.....10 & 12
SBIC.....1.8 & 8.2
NCBA..,...2.0 & 2.5
ABSA .....0.20 & 1.00 In agreement, KCB I raise the projection to 2.75 or 3 as final dividend. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Ericsson wrote:young wrote:Updated Banking Sector Fy22 Dividend Projection.
COOP.....1.35
KCB......1 & 2.5
SCBK.....10 & 12
SBIC.....1.8 & 8.2
NCBA..,...2.0 & 2.5
ABSA .....0.20 & 1.00 In agreement, KCB I raise the projection to 2.75 or 3 as final dividend. Stanchart interim dividend ksh.6 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/21/2018 Posts: 564 Location: Britain
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Ericsson wrote:Ericsson wrote:young wrote:Updated Banking Sector Fy22 Dividend Projection.
COOP.....1.35
KCB......1 & 2.5
SCBK.....10 & 12
SBIC.....1.8 & 8.2
NCBA..,...2.0 & 2.5
ABSA .....0.20 & 1.00 In agreement, KCB I raise the projection to 2.75 or 3 as final dividend. Stanchart interim dividend ksh.6 SCBK remains a gem.
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Ericsson wrote:Ericsson wrote:young wrote:Updated Banking Sector Fy22 Dividend Projection.
COOP.....1.35
KCB......1 & 2.5
SCBK.....10 & 12
SBIC.....1.8 & 8.2
NCBA..,...2.0 & 2.5
ABSA .....0.20 & 1.00 In agreement, KCB I raise the projection to 2.75 or 3 as final dividend. Stanchart interim dividend ksh.6 Where do we find the results?
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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young wrote:Updated Banking Sector Fy22 Dividend Projection.
COOP.....1.35
KCB......1 & 2.5
SCBK..... 6.0 & 16.0
SBIC.....1.8 & 8.2
NCBA..,...2.0 & 2.5
ABSA .....0.20 & 1.00 On the basis of 6 bob SCBK interim it is adjusted to 6 & 16 bob. Projected total dividend remains the same . 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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