posty56:
I pick dividend stocks that pays monthly , P. S,:- Higher yield don't mean sh*t , I have seen stocks in the U. S stock market that produces 53% yield, but I avoid them, most of those stocks are risky, it's all about how much you put not how it yields.

Biafran4life:
Pls can you withdraw your money (all or some) from all this fixed fund after two or three months or is only allow in mmf.Then when you have cash again instead of bank you plough it back.In any of the situation how is the interest calculated as money will be going in and out but not static for one year

mickky22:


Please I need stocks that pay dividend monthly.

Thanks

emmanuelewumi:



Are you referring to Fixed income Fund, Eurobond Fund or having a dom account with your bank

emmanuelewumi:



You need monthly income from your Investments.

Seplat pays dividends every quarter, UPDC REIT, GTB, Zenith Bank, Access Bank, Stanbic IBTC, MTN, Airtel, Nigeria Brewery, Total, Friesland Wamco, UBA etc pay dividends twice a year.

March to June is when 70% of dividend income are paid on NGX

Apart from that you can have FGN bond Investments that pay dividends in January/July, March/September, April/October, June/December.

Biafran4life:
Fixed income fund.Not bank fixed deposit

mickky22:


Good day
Compliment of the season

Please am interested in those stocks that pay dividend monthly.

I will appreciate if you can share.

Thanks
God bless.

OBAGADAFFI:
Happy New Year to you all.

I will like to know the best ETF on NSE. like VTI which is highly diversified.

Willie2015:


The best ETF on the NSE is the NewGold ETF..
Unfortunately, it is not diversified...
D only ETF that can fit your request is the Global X MSCI Nigeria ETF (NGE)...
And U may need to go global....

SECTOR WEIGHT (%)
Financials 46.6
Consumer Staples 23.6
Materials 21.7
Communication Services 5.7
Utilities 2.2
Real Estate 0.2

mickky22:



Thank you sir

But which of them can you recommend?

OBAGADAFFI:


Is STANBIC IBTC ETF 30 diversified ?

Thank you

RodgersAkpafu:

Indeed

moneymanager:
You other know mate

RodgersAkpafu:

I dont understand this post though
What do you mean ?

moneymanager:
It’s just word play Mehn. Was irked by your “indeed” comment so I responded in kind. Nothing essential. Don’t give it a second thought

onegentleguy:
WEMA BANK...
Share consolidation/Reverse stock split of 1 for 3 loading...

onegentleguy:


WEMA BANK...
A rights issue of 2 for 3... just after a reverse stock split.
Reminds me of the song "the way we were" by Barbra Streisand.
What a world we live in!

It is well.

onegentleguy:


As strange as it may seem though, some collective Nos in the banks (WEMA) financial print still tells me that the bank will do well.

On the other side of the edge is STERLING BANK.
If their respective management can do a few things right, both WEMA and STERLING are well positioned to do real good in the mid term.

Yes a reverse stock split can be value destructive from a minority investors perspective. In which case as I've always said;
"It is 88% of the time an evil act. ...one that creates a make-believe but spurious impression that one can get more from an asset play should a presumed QUALITY be made to replace QUANTITY."
(You might wish to read my article on... A TRIP TO DANGOTE CEMENT)

There is however a world of difference when a rights issue is made to follow/proceed an RSS.

1st off, any likely impact from value erosion is much less.
There's a reason why WEMA is going through this route.
Ever wonder why the share price consistently dropped after the RSS anouncement but gained today after the news of a rights issue filtered in.

It might drop in price tomorrow but I still forsee WEMA doing well in the mid term. ...same for STERLING BANK.
But I'd like to see management step up just a bit more from where they are.
Q1 and especially H1 2022 report will be KEY!

We continue to observe.

onegentleguy:


As strange as it may seem though, some collective Nos in the banks (WEMA) financial print still tells me it will do well.

On the other side of the edge is STERLING BANK.
If their respective management can do a few things right, both WEMA and STERLING are well positioned to do real good in the mid term.

Yes a reverse stock split can be value destructive from a minority investors perspective. In which case as I've always said;
"It is 88% of the time an evil act. ...one that creates a make-believe but spurious impression that one can get more from an asset play should a presumed QUALITY be made to replace QUANTITY."
(You might wish to read my article on... A TRIP TO DANGOTE CEMENT)

There is however a world of difference when a rights issue is made to follow/proceed an RSS.

1st off, any likely impact from value erosion is much less.
There's a reason why WEMA is going through this route.
Ever wonder why the share price consistently dropped after the RSS anouncement but gained today after the news of a rights issue filtered in.

It might drop in price tomorrow but I still forsee WEMA doing well in the mid term. ...same for STERLING BANK.
But I'd like to see management step up just a bit more from where they are.
Q1 and especially H1 2022 report will be KEY!

We continue to observe.

Biafran4life:
Pls post the link, A trip to dangota cement,.... thanks

onegentleguy:


I just published an article with the title:

"A TRIP TO DANGOTE CEMENT"

https://www.booksie.com/612863-a-trip-to-dangote-cement

It's published on booksie, medium and the personal finance section of opinion Nigeria.
U may wish to read through it by using the link above.

Regards.

onegentleguy:


WEMA BANK may have embarked on the 1 for 3 RSS exercise for;

1) VISIBILITY and ACCEPTABILITY to attract some P.E, HNI or institutional investor to the bank.

2) To free up space for... and then...

There's a reason for the rights issue of 2 for 3 coming along side the RSS exercise.

Why do I get a strong feeling that the bank may already have the P.E, HNI or institutional investor that will provide the N40B rights issue fund or a good % of that figure already on standby.
They may not mind or bother one bit if Minority holders don't take up their right.

DISCLOSURE: WEMA is currently not a part of our portfolio.
DISCLAIMER: NOT to be interpreted as any sought of recommendation. Due diligence still applies.

Just trying to revert and guide all those who sent me mails.
My advice? Pls kindly follow your instinct.

Selah

customstreet:

No worries, less than 6 months, we shall know where they are going