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Safaricom FY 2018/19
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hardwood
#61 Posted : Thursday, May 16, 2019 11:23:16 AM
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Joined: 7/28/2015
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Location: Rodi Kopany, Homa Bay
How many safaricom shares does one need to generate dividend income of 50k per month?
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Angelica _ann
#62 Posted : Thursday, May 16, 2019 11:30:03 AM
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Joined: 12/7/2012
Posts: 11,901
hardwood wrote:
How many safaricom shares does one need to generate dividend income of 50k per month?


About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Ericsson
#63 Posted : Thursday, May 16, 2019 12:17:13 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Angelica _ann wrote:
hardwood wrote:
How many safaricom shares does one need to generate dividend income of 50k per month?


About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis.


480k shares assuming dividend at ksh.1.25
480k*1.25=600k
50k*12=600k
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Angelica _ann
#64 Posted : Thursday, May 16, 2019 12:27:17 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Ericsson wrote:
Angelica _ann wrote:
hardwood wrote:
How many safaricom shares does one need to generate dividend income of 50k per month?


About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis.


480k shares assuming dividend at ksh.1.25
480k*1.25=600k
50k*12=600k


yawa tho!!! Laughing out loudly Laughing out loudly Laughing out loudly Lakini should be 505,300 shares if you incorporate w/tax
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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hardwood
#65 Posted : Thursday, May 16, 2019 12:44:55 PM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
Angelica _ann wrote:
Ericsson wrote:
Angelica _ann wrote:
hardwood wrote:
How many safaricom shares does one need to generate dividend income of 50k per month?


About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis.


480k shares assuming dividend at ksh.1.25
480k*1.25=600k
50k*12=600k


yawa tho!!! Laughing out loudly Laughing out loudly Laughing out loudly Lakini should be 505,300 shares if you incorporate w/tax


So outlay would be 505k shares @26 bob totaling about Ksh 13m exclusive of commissions. Bonds of the same value would give you double the income.
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Mastermind
#66 Posted : Thursday, May 16, 2019 12:48:49 PM
Rank: Veteran


Joined: 1/25/2012
Posts: 1,624
Location: Langley
hardwood wrote:
Angelica _ann wrote:
Ericsson wrote:
Angelica _ann wrote:
hardwood wrote:
How many safaricom shares does one need to generate dividend income of 50k per month?


About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis.


480k shares assuming dividend at ksh.1.25
480k*1.25=600k
50k*12=600k


yawa tho!!! Laughing out loudly Laughing out loudly Laughing out loudly Lakini should be 505,300 shares if you incorporate w/tax


So outlay would be 505k shares @26 bob totaling about Ksh 13m exclusive of commissions. Bonds of the same value would give you double the income.


I know were the discussion is headed to.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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maka
#67 Posted : Thursday, May 16, 2019 1:51:40 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Mastermind wrote:
hardwood wrote:
Angelica _ann wrote:
Ericsson wrote:
Angelica _ann wrote:
hardwood wrote:
How many safaricom shares does one need to generate dividend income of 50k per month?


About 790k shares!!! assuming the dividend is maintained at Kshs. 1.25 on minimum basis.


480k shares assuming dividend at ksh.1.25
480k*1.25=600k
50k*12=600k


yawa tho!!! Laughing out loudly Laughing out loudly Laughing out loudly Lakini should be 505,300 shares if you incorporate w/tax


So outlay would be 505k shares @26 bob totaling about Ksh 13m exclusive of commissions. Bonds of the same value would give you double the income.


I know were the discussion is headed to.


LOL..... IFB 16.
possunt quia posse videntur
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chiaroscuro
#68 Posted : Friday, May 17, 2019 7:40:53 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
Superprime1 wrote:
chiaroscuro wrote:
littledove wrote:
chiaroscuro wrote:
littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?

normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves


Not really.

In recent years [2015 & 2017], Williamson Tea has paid dividends even after recording net losses. Those dividends were paid from accumulated reserves but they weren't called "Special".

This "special dividend" is a Safaricom invention!


They're special in the sense that shareholders shouldn't expect it to be the "new normal", but can anticipate a Sh1.25/share dividend (or an adjustment of the same) in their projections.


There is nothing like "normal dividend", therefore, there is nothing like "special" dividend!

Paying, say, Sh1.25 this year does NOT in any way tell you how much will be paid next year!

Staying with the example of Williamson Tea....

2014: EPS = 40.68; DPS = 7.00
2015: EPS = -11.88; DPS = 40.00
2016: EPS = 26.45; DPS = 20.00
2017: EPS = -13.73; DPS = 10.00
2018: EPS = 27.86; DPS = 20.00

There is no trend and no correlation; it is sporadic and chaotic!

I used Williamson Tea as an illustration because it is the only company I can think of that pays dividends even in years when it has made losses [there could be others...]

But the point is: this "normal" and "special" dividend is an invention by Safaricom and the have not explained what those terms mean.
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murchr
#69 Posted : Friday, May 17, 2019 3:20:47 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,979
chiaroscuro wrote:
Superprime1 wrote:
chiaroscuro wrote:
littledove wrote:
chiaroscuro wrote:
littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?

normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves


Not really.

In recent years [2015 & 2017], Williamson Tea has paid dividends even after recording net losses. Those dividends were paid from accumulated reserves but they weren't called "Special".

This "special dividend" is a Safaricom invention!


They're special in the sense that shareholders shouldn't expect it to be the "new normal", but can anticipate a Sh1.25/share dividend (or an adjustment of the same) in their projections.


There is nothing like "normal dividend", therefore, there is nothing like "special" dividend!

Paying, say, Sh1.25 this year does NOT in any way tell you how much will be paid next year!

Staying with the example of Williamson Tea....

2014: EPS = 40.68; DPS = 7.00
2015: EPS = -11.88; DPS = 40.00
2016: EPS = 26.45; DPS = 20.00
2017: EPS = -13.73; DPS = 10.00
2018: EPS = 27.86; DPS = 20.00

There is no trend and no correlation; it is sporadic and chaotic!

I used Williamson Tea as an illustration because it is the only company I can think of that pays dividends even in years when it has made losses [there could be others...]

But the point is: this "normal" and "special" dividend is an invention by Safaricom and the have not explained what those terms mean.


Investopedia tells me a special dividend is a non recurring distribution of a company's assets and its mainly larger than the normal or if you like regular dividend.

Dig in more research, investment terms can be broad, Google should help.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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young
#70 Posted : Friday, May 17, 2019 5:32:09 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Special Dividend is a common terminology and is not peculiar to safaricom.

EABL, BAMBURI and of late WPP SCAN had issued special dividends before.


See more below

https://www.simplysafedi...nd-impact-on-stock-price
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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Ericsson
#71 Posted : Friday, May 17, 2019 7:13:44 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
gatoho wrote:
Wow. The shares I bought for 2.50/- have paid themselves several times over now

You can now begin reinvesting the dividends by buying additional shares
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#72 Posted : Friday, May 17, 2019 7:18:02 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,636
Location: NAIROBI
Safaricom doubling of 4G sites on course.
Profits will be fulizad to shreholders
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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kenyan2019
#73 Posted : Monday, May 20, 2019 10:31:21 AM
Rank: New-farer


Joined: 12/30/2018
Posts: 94
Exclusive: Google suspends some business with Huawei after Trump... https://reut.rs/2w88OdK
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mozenrat
#74 Posted : Wednesday, May 22, 2019 11:40:03 PM
Rank: Veteran


Joined: 5/18/2008
Posts: 796
chiaroscuro wrote:
Superprime1 wrote:
chiaroscuro wrote:
littledove wrote:
chiaroscuro wrote:
littledove wrote:
1.25 dividend (ksh 50b) and a special special dividend of 0.62 (24.84b)


I know Interim Dividends and Final Dividends. What are these things SCOM is calling "Normal" and "Special" Dividend?

normal dividend is final dividend while special dividend is a one off dividend paid out of accumulated reserves


Not really.

In recent years [2015 & 2017], Williamson Tea has paid dividends even after recording net losses. Those dividends were paid from accumulated reserves but they weren't called "Special".

This "special dividend" is a Safaricom invention!


They're special in the sense that shareholders shouldn't expect it to be the "new normal", but can anticipate a Sh1.25/share dividend (or an adjustment of the same) in their projections.


There is nothing like "normal dividend", therefore, there is nothing like "special" dividend!

Paying, say, Sh1.25 this year does NOT in any way tell you how much will be paid next year!

Staying with the example of Williamson Tea....

2014: EPS = 40.68; DPS = 7.00
2015: EPS = -11.88; DPS = 40.00
2016: EPS = 26.45; DPS = 20.00
2017: EPS = -13.73; DPS = 10.00
2018: EPS = 27.86; DPS = 20.00

There is no trend and no correlation; it is sporadic and chaotic!

I used Williamson Tea as an illustration because it is the only company I can think of that pays dividends even in years when it has made losses [there could be others...]

But the point is: this "normal" and "special" dividend is an invention by Safaricom and the have not explained what those terms mean.


Of course there is such a thing as "normal dividend". I believe dividend policy is required reading in any accounting class. Key lesson is that each company adopts a specific dividend policy so you can't just willy nilly compare two companies.. one might have a policy of dividends as a percentage of earnings(I suspect Williams falls here) another has a policy of steadily rising dividends.. so of course any extra earned outside policy is "special" so as not to screw up next years expectations.
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kenyan2019
#75 Posted : Thursday, May 23, 2019 9:21:39 AM
Rank: New-farer


Joined: 12/30/2018
Posts: 94
Huawei sanction may hit Safaricom https://www.theeastafric...6022-imcuv7z/index.html via @The_EastAfrican
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MaichBlack
#76 Posted : Thursday, May 23, 2019 12:09:36 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,451
Understanding Donald Trump's (real) fight with Huawei and the 5G race the US has already lost!!!


[YOUTUBE]https://youtu.be/CEQTo9usai4[/YOUTUBE]

The link...
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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rwitre
#77 Posted : Thursday, May 23, 2019 1:32:28 PM
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Joined: 3/8/2018
Posts: 507
Location: Nairobi
GoK: We want a Kenyan CEO.

Board: Bob, you won't retire.

Board: 1 GoK: 0
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FUNKY
#78 Posted : Thursday, May 23, 2019 1:40:36 PM
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Joined: 4/30/2010
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watesh
#79 Posted : Thursday, May 23, 2019 2:12:24 PM
Rank: Veteran


Joined: 8/10/2014
Posts: 953
Location: Kenya
rwitre wrote:
GoK: We want a Kenyan CEO.

Board: Bob, you won't retire.

Board: 1 GoK: 0

I hope he goes for another extra year to 2021. If this govt picks a CEO, there will be massive theft in Safaricom
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MaichBlack
#80 Posted : Thursday, May 23, 2019 2:53:08 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,451
watesh wrote:
rwitre wrote:
GoK: We want a Kenyan CEO.

Board: Bob, you won't retire.

Board: 1 GoK: 0

I hope he goes for another extra year to 2021. If this govt picks a CEO, there will be massive theft in Safaricom

The government wants to f*** up the company with the best corporate governance in the country if not the region!!!

Why would one want to fix what is not even remotely broken!!?? They want to start awarding themselves contracts at ridiculously inflated prices. Even the Huawei's of this world would have to go through someone (with huge kickbacks to boot) to be "connected" to Safaricom!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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