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Name & shame companies that take ages to pay declared dividends.
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BGL
#1 Posted : Friday, January 13, 2012 12:59:25 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
EA Cables leads the pack.
Coop Bank comes 2nd in my portfolio.
3.... who else
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Gordon Gekko
#2 Posted : Friday, January 13, 2012 1:30:51 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead.
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BGL
#3 Posted : Friday, January 13, 2012 1:39:34 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
Gordon Gekko wrote:
On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead.


I totally agree with you @GG my problem is the companies that declare the dividend but take so long to pay and you are left wondering why they declared it in the first place.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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McReggae
#4 Posted : Friday, January 13, 2012 1:46:26 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
BGL wrote:
Gordon Gekko wrote:
On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead.


I totally agree with you @GG my problem is the companies that declare the dividend but take so long to pay and you are left wondering why they declared it in the first place.


....then change the topic heading!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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mlennyma
#5 Posted : Friday, January 13, 2012 2:05:37 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
E.a cables dividend was a welcome gesture to sell transcentury.they used to be very good during mugo kibatis time.
"Don't let the fear of losing be greater than the excitement of winning."
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the deal
#6 Posted : Friday, January 13, 2012 2:28:04 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Gordon Gekko wrote:
On the contrary I prefer firms that DON'T pay dividends but reinvest the funds in the business. That's why NIC is my favourite, they keep most of the cash, and give bonuses instead.

Shame on you Shame on you You should find out Why NIC does not pay dividends
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guru267
#7 Posted : Friday, January 13, 2012 2:52:22 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:

Shame on you Shame on you You should find out Why NIC does not pay dividends


What are you smoking these days¿¿

NIC pay 50cents dividends and 1:10 bonus shares every year without fail..

As for the use of the rest of the profits please do not tell me that you havent been watching the news because these guys are expanding like crazy¡¡¡
Mark 12:29
Deuteronomy 4:16
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VituVingiSana
#8 Posted : Friday, January 13, 2012 3:02:11 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
Olympia
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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luxel
#9 Posted : Friday, January 13, 2012 3:40:09 PM
Rank: Member

Joined: 7/17/2008
Posts: 152
COOP pays on time.(re-phrase: i received on time)
Sometimes the difference comes from the mode you indicated for receiving the dividends. If on account, you get within days. If its a cheque, it would be in your post box the next week. Sometimes it might take you another week before you visit the posta, and all this is assuming you gave the correct address and code.
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Realtreaty
#10 Posted : Friday, January 13, 2012 9:47:10 PM
Rank: Elder

Joined: 8/16/2011
Posts: 2,388
Plizzzz, usipake Coop Bank matope!!!!Liar They pay on time. I usually get mine the same week as declared. KK is in the same group with CoopBank, they do it very first. Mumias as well do it on time.
But SameerAfrica, AccessK, and others who have contracted their services to custodial and share Registrars at Bruce house take months to pay or wire dividends to investors account.
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