OBAGADAFFI:
Is OKOMU paying interim dividend twice a year?

BabsO2:


Presco kicked off twice a year last year and has sustained it with an increase this year. Not sure of when Okomu started.

OBAGADAFFI:


So Presco pays 2 interim dividends and 1 final dividend Every Year.

OBAGADAFFI:
Is OKOMU paying interim dividend twice a year?

RabbiDoracle:


Risk free return of 13 to 15%. Good one.

With N10m, buying Zenith at N20 gives you 500,000 units assuming you pay off the commission outside the N10m.

Zenith gives N3 dividend. And is bound to repeat it at 2022 YE. This will be 13.5% dividend yield if you remove withholding taxes.

And once the wind of change goes in favour of the banks, you get capital appreciation on Zenith and still pocket dividends equivalent to the risk free return you mentioned.

emmasoft:


It's a new development.

Q2 interim N7 and now Q3 interim of N2.
Total interim this year N9.

Oil money whether under d ground as crude or top of tree as palm is sweet money.

Dividend lovers enjoy while it last.

Redoil:

at this juncture GTbank and zenith which one will you prefer

emmasoft:


It's a new development.

Q2 interim N7 and now Q3 interim of N2.
Total interim this year N9.

Oil money whether under d ground as crude or top of tree as palm is sweet money.

Dividend lovers enjoy while it last.

Hogwarthtrades:
well done everyone .. a lil sedgeway; how do you guys who are self employed deal with taxes after sales of shares. This is for educational purpose for future planning. Thanks for your candid response.

"Igi Paw-Paw oni wo pa wa oh" - as a stalwart on this forum will say

Hogwarthtrades:
well done everyone .. a lil sedgeway; how do you guys who are self employed deal with taxes after sales of shares. This is for educational purpose for future planning. Thanks for your candid response.

"Igi Paw-Paw oni wo pa wa oh" - as a stalwart on this forum will say

babaijesha:
Cowboys not ready to move Seplat down
Series of 99,000units at N1100

Wapgod:

Which kind of tax?
Is it capital gains, Withholding tax or VAT?

BullBearMkt:

...all taxes are deducted by your broker before your balance is remitted in your brokage account. No other taxes

Hogwarthtrades:

Capital gains.

RabbiDoracle:


There are no taxes deducted by brokers. Brokers take commission on share sales or purchases. Commissions have lots of fees from various agencies incorporated into it.

For capital gain, in the old tax law, you don't pay CGT on share sales. But this revised tax law, we are still waiting to see how it will go.

I no wan pay anything jare.

Hogwarthtrades:
well done everyone .. a lil sedgeway; how do you guys who are self employed deal with taxes after sales of shares. This is for educational purpose for future planning. Thanks for your candid response.

"Igi Paw-Paw oni wo pa wa oh" - as a stalwart on this forum will say

RabbiDoracle:


There are no taxes deducted by brokers. Brokers take commission on share sales or purchases. Commissions have lots of fees from various agencies incorporated into it.

For capital gain, in the old tax law, you don't pay CGT on share sales. But this revised tax law, we are still waiting to see how it will go.

I no wan pay anything jare.

RabbiDoracle:


There are no taxes deducted by brokers. Brokers take commission on share sales or purchases. Commissions have lots of fees from various agencies incorporated into it.

For capital gain, in the old tax law, you don't pay CGT on share sales. But this revised tax law, we are still waiting to see how it will go.

I no wan pay anything jare.

Mfunkynation:
please someone should help me tell Morgan Capital to respond to their emails.
I have sent mail since last week but no response up till now

Mpeace:
Call them. They fo take calls.

Olaide1295:

It is interesting that you find stocks attractive at this time. When risk free returns are around 13-15%.
If you have 10M Naira today, what will you be buying?

Hogwarthtrades:

Dangcem, MTNN, Okomu ,UCAP,PZcussons, NB.

Redoil:

minus MTN the rest of the stock mention are usually dependent on foreign currencies to import raw materials and machinery

BullBearMkt:

...what? Do you expect companies that import their raw materials at higher cost to make more profits? Sorry, I don't get it

Redoil:

minus MTN the rest of the stock mention are usually dependent on foreign currencies to import raw materials and machinery