Yayira:


0.40 kobo ? Smh from 1.25k last year ?
And they made profit oo.. why are all these companies being stingy this year

Not being stingy my sister.
They are giving out almost all their earnings as dividend.
What affect them is the impact of dilution.
The increase in OS was just too much for current earning. I dont expect anyone who is current with happening in the company to stiil be holding the stock after their recent merger.

kolaish:
Their EPS is 44k. They are supposed to pay from their earnings. Bad for the shareholders, probably because of their merger with Kalanbina.

They are almost paying out every profit they made. I guess there outstanding share ballooned.

Chibuking81:
CCNN released worst very poor result, condolences to those in their bus
1 CCNN EPS, 44 kobo 2018, against 2017, 257 kobo , poor result
2.Sterling bank EPS, 33 kobo 2018, against 28 kobo 2017. They try.
3. Okomo oil EPS, 8.91 2018, against 2017, 9.76 kobo manageable

4. ABC EPS , 7 Kobo 2018, against 2017, 31 kobo, poor result.

It is not. You wont see it on NSE website. Go and check it on your online portal

PharmAlfred:


Chief, it is still 11kobo.

currentprice:


sterln fair price based on result released today is N3 on my bedsheet not even half of FCMB.

if pple fail to cherry pick now they have themself to be blame in few month time

Oga curretprice.,what you are saying is right but Sterling bank has improved in terms of results q on q.

Sterling may appreciate in price than fcmb.my reasons is the stock is not much in circulation to compare with fcmb.The number of free float shares available for trading is infinitesimal and will kick the price above fcmb the more.The good thing is Sterling bank has a good result

But come o..........Are they paying any dividend?

For now FCMB is still leading,in the improving % and dividend payment.

rebekah2011:
It is not. You wont see it on NSE website. Go and check it on your online portal

Post the link, but I think corporate report suppose to be more authentic?
http://www.nse.com.ng/Issuers-section/corporate-disclosures/company-results

http://www.nse.com.ng/Financial_NewsDocs/25470_FIDELITY_BANK_PLC_FINANCIAL_STATEMENTS_MARCH_2019.pdf

Yayira:


Very poor ?

Their merger is ill luck hope access diamond won't be same

PETERiCHY:


Go and read my previous post
I stated it CLEARLY that we ain't expecting any dividend for 2018. rather we will start 2019 on a clean slate and EXPECT an INTERIM DIVIDEND by MID 2019.

*ThE OcToPuS*

Nice one. I really appreciate your view on this but why keep loading since you know no Dividend for 2018. Did you also envisage the drop in earnings?

locodemy:



Oga curretprice.,what you are saying is right but Sterling bank has improved in terms of results q on q.

Sterling may appreciate in price than fcmb.my reasons is the stock is not much in circulation to compare with fcmb.The number of free float shares available for trading is infinitesimal and will kick the price above fcmb the more.The good thing is Sterling bank has a good result

But come o..........Are they paying any dividend?

are u eyeing dis stock or fully loaded? improved from 28k last year to 32k? price rise from around 1.30 to current 2.40

insiders already pump the price to it fairprice before the release of d resut. don let them dump on u o

please when is FCMB qualification date ?

Tolktob:
please when is FCMB qualification date ?

No info yet.

Tolktob:
please when is FCMB qualification date ?

Is FCMB result out?

Sterling Bank Posts PBT of N9.5bn, EPS of 32 Kobo
https://businesspost.ng/2019/03/29/sterling-bank-posts-pbt-of-n9-5bn-eps-of-32-kobo/

Ecobank Happy With Sustainable Growth, Value for Shareholders
https://businesspost.ng/2019/03/29/ecobank-happy-with-sustainable-growth-value-for-shareholders/

Tolktob:
please when is FCMB qualification date ?

I believed that dividend information will be posted in the NSE corporate disclosure later.

Pls which page is fcmb's dividend mentioned in their result? Their story's too much self. Lazy yooth in the house.

Mcy56:
Pls which page is fcmb's dividend mentioned in their result? Their story's too much self. Lazy yooth in the house.

Check page 8 of the report

2zona:
Check page 8 of the report

Seen! Thanks a lot.

Unfortunately, they changed the results this morning because as at 4:30am today, when we did our reporting, the dividend read 22 kobo. Link to the first results now reads 'Sorry, this page no longer exists'

2zona:


FIDELITY BANK PLC
Directors’ Report
For the year ended 31 December 2018
1 RESULTS
31 December
2018
31 December
2017
N'million N'million
Restated*
Profit before income tax 25,089 19,213
Income tax expense (2,163) (1,445)
Profit after income tax 22,926 17,768
Earnings per share
Basic and diluted (in kobo) 61.35
PROPOSED DIVIDEND
2 LEGAL FORM
3 PRINCIPAL BUSINESS ACTIVITIES
The principal activity of the Bank continues to be the provision of banking and other financial services to corporate and
individual customers from its Headquarters in Lagos and 235 business offices. These services include retail banking,
granting of loans and advances, equipment leasing, collection of deposit and money market activities.
The Directors are pleased to submit their report on the affairs of Fidelity Bank Plc (“the Bank’’), together with the
financial statements and Independent Auditors’ report for the year ended 31 December 2018.
Highlights of the Bank’s operating results for the year under review are as follows:
79.16
In respect of the 2018 financial year, the Board of Directors recommend a dividend of 11.0 kobo per Ordinary Share of
50 kobo each amounting to N3,186M for approval at the Annual General Meeting. If approved, dividend will be paid to
Shareholders whose names appear on the Register of Members at the close of business on 12 April 2019. The proposed
dividend is subject to Withholding Tax at the appropriate tax rate, which will be deducted before payment

Is merger a curse in this generation, ashaka cement was doing fine before the merger, international breweries had been out of the wood before the merger, CCNN was doing great before the merger but now ńkọ́?

dipoolowoo:
Unfortunately, they changed the results this morning because as at 4:30am today, when we did our reporting, the dividend read 22 kobo. Link to the first results now reads 'Sorry, this page no longer exists'

They did as at last night it was 22kobo

http://www.nse.com.ng/Financial_NewsDocs/25483_FIDELITY_BANK_PLC_CORPORATE_ACTIONS_MARCH_2019.pdf


11K .....LOL


Fidelity Bank Plc hereby announce as follows:

Period Ended December31,2018

Proposed Dividend A Final Dividend of 11 kobo per 50 kobo share subject to shareholders'
approval and appropriate withholding tax will be paid to shareholders whose
names appear in the Register of Members as at the close of business on April 12, 2019

Proposed Bonus NIL

Closure of Register The Register of Shareholders will be closed on April 15 - 19, 2019

Qualification Date April 12, 2019

Payment Date On April 26, 2019, dividends will be paid electronically to shareholders whose
names appear on the Register of Members as at April 12, 2019 and who have
completed the e-dividend registration and mandated the Registrar to pay
their dividends directly into their Bank accounts.

Fidelity really fumbled with that deceit, I hope their action wouldn't affect FCMB.

locodemy:



Oga curretprice.,what you are saying is right but Sterling bank has improved in terms of results q on q.

Sterling may appreciate in price than fcmb.my reasons is the stock is not much in circulation to compare with fcmb.The number of free float shares available for trading is infinitesimal and will kick the price above fcmb the more.The good thing is Sterling bank has a good result

But come o..........Are they paying any dividend?

Modified: They are yet to declare dividend for this year result. the 2k is for previous year

kolaish:
2k.

For that share price?
Even transcorp that paid 3k is still trading at 1.22 range.

http://www.nse.com.ng/Financial_NewsDocs/25483_FIDELITY_BANK_PLC_CORPORATE_ACTIONS_MARCH_2019.pdf

It's official, dividend of 11 kobo

Fidelity has released dividend details: http://www.nse.com.ng/Financial_NewsDocs/25483_FIDELITY_BANK_PLC_CORPORATE_ACTIONS_MARCH_2019.pdf

11k

kolaish:
2k.

Tufiakwa.Too stingy.

@ current price.You know I don't have the stock and not
eyeing it either.

I am only looking at the characteristics of that stock and the latest improvement.

Anyway all things being equal.

Mcy56:

For that share price?
Even transcorp that paid 3k is still trading at 1.22 range.

Even Chams that is selling at 20k is paying 3k dividend . Though their is no basis for comparison between sterling and Chams, Sterling is way ahead in every indices but stingy in dividend payment.

Modified: sterling did not declare any dividend, the 2k we are talking about is even previous year's dividend.

kolaish:
Fidelity has released dividend details: http://www.nse.com.ng/Financial_NewsDocs/25483_FIDELITY_BANK_PLC_CORPORATE_ACTIONS_MARCH_2019.pdf

11k

bailed out of fidelity @2.30

Yayira:
What is the FP for ccnn
Was eyeing this stock.. it’s trading at 18 now.. is it a good buy?

Please don't try, keep your money, the presented poor result.