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411 on dividend and AGM
Monk
#1451 Posted : Tuesday, December 19, 2023 7:09:53 AM
Rank: Member

Joined: 7/1/2009
Posts: 272
VituVingiSana wrote:
CARB ndani.

WTK/KTC? @Monk


Not yet. It seems one has to give them a nudge. Apparently payments are handled by WTK, not the registrar. Last time, I had to send them an email query.
VituVingiSana
#1452 Posted : Tuesday, December 19, 2023 10:44:45 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Monk wrote:
VituVingiSana wrote:
CARB ndani.

WTK/KTC? @Monk


Not yet. It seems one has to give them a nudge. Apparently payments are handled by WTK, not the registrar. Last time, I had to send them an email query.

I did so jana. Please send them an e-mail as well. The more the merrier.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#1453 Posted : Wednesday, December 20, 2023 1:47:51 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
KAPC received.
Williamson Ndani.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Monk
#1454 Posted : Wednesday, December 20, 2023 5:14:19 PM
Rank: Member

Joined: 7/1/2009
Posts: 272
VituVingiSana wrote:
KAPC received.
Williamson Ndani.


Next up, SCBK next week :)
VituVingiSana
#1455 Posted : Thursday, December 21, 2023 12:31:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Monk wrote:
VituVingiSana wrote:
KAPC received.
Williamson Ndani.


Next up, SCBK next week :)

Quality firms.

I know it may be an unpopular take but ask an investor I am getting disillusioned with most "local" firms on the NSE.

SCBK, WTK, KTC, ABSA, etc pay decent dividends. Some also pay 2x a year which is great for cashflow.

The likes of KCB play with their books. I think it will not pay for FY23.
Equity skipped 2 years of dividends in a row.
DTB skipped a dividend and pays a tiny DPR.
Kenya Re has paid just 10-20c for the past 10 years!

A few KE exceptions are I&M and CARB. I&M has never missed a dividend since listing. I do not recall CARB skipping on dividends in recent memory.

These firms know how to balance shareholders' needs and their growth.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
DtheK
#1456 Posted : Saturday, December 23, 2023 10:06:26 AM
Rank: Member

Joined: 2/15/2010
Posts: 166
Location: Kenya
@VVS Don't forget Safcom and NCBA, they do interim and give significant part of EPS.
VituVingiSana
#1457 Posted : Friday, December 29, 2023 2:21:15 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
DtheK wrote:
@VVS Don't forget Safcom and NCBA, they do interim and give significant part of EPS.

Saf is not a local firm. Vodafone. They treat shareholders well.

NCBA is one of the better 'local' banks but not as good in "paying" shareholders as much as SCBK or ABSA.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cnn
#1458 Posted : Thursday, February 15, 2024 11:17:34 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
BAT final dividend 2023 @ ksh 45...book closure 24th May.
VituVingiSana
#1459 Posted : Thursday, February 15, 2024 11:25:31 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
cnn wrote:
BAT final dividend 2023 @ ksh 45...book closure 24th May.

Tough times with higher excise taxes, weak KES/USD, export markets have problems.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
cnn
#1460 Posted : Thursday, February 15, 2024 11:39:28 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
VituVingiSana wrote:
cnn wrote:
BAT final dividend 2023 @ ksh 45...book closure 24th May.

Tough times with higher excise taxes, weak KES/USD, export markets have problems.

True,but still a good dividend pay.There was ksh 5 interim.
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