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411 on dividend and AGM

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Ebenyo		#311 Posted : Sunday, July 24, 2016 10:26:34 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,021 Location: Kitale		gatoho wrote: BGL wrote: I pay 220bob for all incoming EFTs which includes dividends. Pains me as I have lots of odd lots that remains after exits, and some even pay interim dividend which bank is this that charge 220 bob? thats expensive. Towards the goal of financial freedom
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mkate_nusu		#312 Posted : Sunday, July 24, 2016 12:21:41 PM
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole		Ebenyo wrote: gatoho wrote: BGL wrote: I pay 220bob for all incoming EFTs which includes dividends. Pains me as I have lots of odd lots that remains after exits, and some even pay interim dividend which bank is this that charge 220 bob? thats expensive. @Ebenyo I think it's common across the board. commission 200 bob excise duty 20 bob withholding tax 95 cents TOTAL value 220.95 bob KEGN, KPLC, KQ, SCOM
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Ericsson		#313 Posted : Sunday, July 24, 2016 3:59:30 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI		Snail mail is better than EFT. If the company issuing the dividend won't cater for EFT costs afadhali ubaki snail mail Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Impunity		#314 Posted : Sunday, July 24, 2016 4:44:58 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Ericsson wrote: Snail mail is better than EFT. If the company issuing the dividend won't cater for EFT costs afadhali ubaki snail mail EFT inanikula Kes. 550 from my meager 4K dividend! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Impunity		#315 Posted : Sunday, July 24, 2016 4:46:38 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		mkate_nusu wrote: Ebenyo wrote: gatoho wrote: BGL wrote: I pay 220bob for all incoming EFTs which includes dividends. Pains me as I have lots of odd lots that remains after exits, and some even pay interim dividend which bank is this that charge 220 bob? thats expensive. @Ebenyo I think it's common across the board. commission 200 bob excise duty 20 bob withholding tax 95 cents TOTAL value 220.95 bob If the WT = 95 cents so how much is the investment worth? Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Ebenyo		#316 Posted : Sunday, July 24, 2016 4:46:42 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,021 Location: Kitale		Ericsson wrote: Snail mail is better than EFT. If the company issuing the dividend won't cater for EFT costs afadhali ubaki snail mail @Ericson,you are right.Mi nilijaza option ya kureceive dividends via snail mail.But out of five dividends nimepata so far,four are through EFT.So i wonder why i should continue paying post office kshs 2500 for my box number. Towards the goal of financial freedom
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Ericsson		#317 Posted : Sunday, July 24, 2016 5:15:42 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI		Share out the post office with someone else like a friend or family relative then you share the costs. Kwani the only mail you receive in your post office box ni dividend cheques Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Gatheuzi		#318 Posted : Monday, July 25, 2016 8:12:28 AM
Rank: Veteran Joined: 8/16/2009 Posts: 994		sparkly wrote: Othelo wrote: jawgey wrote: Ebenyo wrote: streetwise wrote: Charged 19% and bank manager explains WHAT (?) The bank manager said,that they charge a one off fee for every dividend by eft. That should be sh. 110 just like they do when they process salary Suffering the same fate with CIC dividends Have your dividends credited into a savings account. Its illegal to charge fees on a savings account so your dividend will be free from those EFT charges. This is precisely what I did. All dividends pass through savings account at no charge. It is also beneficial because I end up re-investing it as oppossed to mixing it with operating funds. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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mthaka		#319 Posted : Monday, August 01, 2016 9:42:39 AM
Rank: Member Joined: 9/30/2013 Posts: 254		Annual General Meeting of Olympia Capital Holdings Limited will be held at the Six Eighty, Nairobi, on Monday,29th August 2016, at 10.30 AM
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VituVingiSana		#320 Posted : Monday, August 01, 2016 11:18:25 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,375 Location: Nairobi		mthaka wrote: Annual General Meeting of Olympia Capital Holdings Limited will be held at the Six Eighty, Nairobi, on Monday,29th August 2016, at 10.30 AM A waste of time. The crooks run this show. The minority shareholders get the shaft. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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