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