₦airaland Forum

yMcy56:
LINK ASSURE:
For insurance and dividend lovers, oya take o..

Dividend: 0.05kobo
Bonus: 2 for 5 (2 new ones for existing 5units)
Qualification Date: 30th April, 2021
Payment Date: 26th May, 2021
Registrar: Centurion Registrar

https://doclib.ngxgroup.com/Financial_NewsDocs/33071_LINKAGE_ASSURANCE_PLC%20CLOSURE_OF_REGISTER__QUALIFICATI.pdf

yMcy56:
LINK ASSURE:
For insurance and dividend lovers, oya take o..

Dividend: 0.05kobo
Bonus: 2 for 5 (2 new ones for existing 5units)
Qualification Date: 30th April, 2021
Payment Date: 26th May, 2021
Registrar: Centurion Registrar

https://doclib.ngxgroup.com/Financial_NewsDocs/33071_LINKAGE_ASSURANCE_PLC%20CLOSURE_OF_REGISTER__QUALIFICATI.pdf

yMcy56:
LINK ASSURE:
For insurance and dividend lovers, oya take o..

Dividend: 0.05kobo
Bonus: 2 for 5 (2 new ones for existing 5units)
Qualification Date: 30th April, 2021
Payment Date: 26th May, 2021
Registrar: Centurion Registrar

https://doclib.ngxgroup.com/Financial_NewsDocs/33071_LINKAGE_ASSURANCE_PLC%20CLOSURE_OF_REGISTER__QUALIFICATI.pdf

yMcy56:
All valuable and unique in its own way.

Ades1:
Greetings oga.... Stanbic is about to give 1 bonus for every 6 shares held.... To you it is overpriced, to me it is not, that's why I have been buying.

Like someone don talk before, even if Stanbic drop to N20 today today, you go shift una goal post to N15.

yMcy56:
STANBIC back to N50 after markdown.

emmanuelewumi:
Who Holdco epp

BabsO2:
But GTB still grew deposits faster than other big banks last year except for UBA that grew the most (perhaps due to foreign ops). What else can one use to measure reliability or likeability of service than rate of deposit growth ?

BabsO2:
https://doclib.ngxgroup.com/Financial_NewsDocs/33077_GUARANTY_TRUST_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEM.pdf

GTB profits have dropped by 10%. Traced to a huge drop in interest income. Will be interesting to see the review of the analysts from the broking houses. Stock prices may dip in the coming days and weeks especially if Zenith follows with a similar pattern of results.

UBA results will be seen more as audio profits . Till UBA shakes body and pay correct dividends in line with reported profits like GTB and Zenith that pay nearly half of profits in dividends.

dipoolowoo:
UPDATED: Investors Deposit 162.6 million Shares of Zenith Bank, Three Others for Securities Lending
https://businesspost.ng/economy/updated-investors-deposit-162-6-million-shares-of-zenith-bank-three-others-for-securities-lending/

Nigeria Lifts Suspension on New SIM Card Registration https://businesspost.ng/technology/nigeria-lifts-suspension-on-new-sim-card-registration/

Dangote, BUA Agree to End Sugar War
https://businesspost.ng/economy/dangote-bua-agree-to-end-sugar-war/

klas:
NASD is also a Nigerian stock exchange based in Lagos and transactions there are done in naira.

NGX Group is listed at N25 but gained a bit on the first trading day to rise to N25.19

There may be NASD in other countries, but the one in question is Nigerian-owned.

moneymanager:
Speaks volumes about where their focus is
Still chasing foreign money instead of focusing on building the economy.

The whole world celebrated Jumia on the NYSE but Jumia debut in Africa and had its greatest success in Nigeria and yet left Africans unable to invest by going to the NYSE

So this is really not that far fetched

dipoolowoo:
NGX Group Stocks Gain 2.31% on NASD Exchange
https://businesspost.ng/economy/ngx-group-stocks-gain-2-31-on-nasd-exchange/


Brent Jumps 4% as US Stockpiles Shrink
https://businesspost.ng/economy/brent-jumps-4-as-us-stockpiles-shrink/

Willie2015:
I still dey wait for my own

yMcy56:
Yes. N2.10kobo.

PRESCO:
Final Dividend: 200kobo (N2.00)
Qualification Date: July 6, 2021
http://www.nse.com.ng/Financial_NewsDocs/32958_PRESCO_PLC%20CORPORATE_ACTIONS_ANNOUNCEMENT_CORPORATE_AC.pdf

emmasoft:
My brother leave that one. They have always have it. Even if you bought public offer you notice there is account number on the form why are they not using it. There are things beyond us here the ordinary people when it comes to unclaimed dividends.
Anyway efforts are on to make the whole process seamless but before then investors have to chase dividend themselves.

emmasoft:
Stockbrokers mainly is to give you a platform to trade stocks/equities or trade on your behalf. Dividend is between investor and the company you invested in with registrars as middle man to facilitate the record keeping and payment.

The collection of dividend is not part of the regular duties of stockbroking firms as stipulated by law.
However, individual clients can give authority to his/her stockbroker to do the chasing of dividends and that comes with a fee.

To put the issues of dividend behind always fill a transfer form and send to your broker after purchase of a stock and give at least 10 working days before you send mandate to the registrars otherwise your mandates get to the registrar and no specimen signature to compare with.

By the way it's cscs that process your transfer form not the broker it only pass through the broker to cscs.
When filling the transfer form always write the quantity bought at a deal if you bought in trenches.

If you already have a specimen signature always send a mail to the registrar to mandate any new purchase with the current mandate. Some registrars do it automatically especially if it's same CHN others will require a mail before they can mandate new purchases.

OBAGADAFFI:
Did CAP declared DIVIDEND

Omoadetide:
Someone once said they do this on purpose to discourage people from claiming their dividends and it sure looks like that.
In many other countries, you don't need to track dividend payment dates or chase registrars to get your dividend. That automatically goes to your stockbroking account from where you bought the stock in the first place and then you choose if to reinvest it or have it paid out to your registered bank account.

That doesn't sound like rocket science, but This is Nigeria!

Omoadetide:
It's sad that investors have to worry about getting dividends when it should be sorted out between company registrar & stockbroker.
Hopefully at some point, the Securities commission can get the registrars and stockbrokers to sort out this BS.

Aconomist:
Dangote has a EBITDA (this calculates profits before tax, interest, depreciation, etc.) margin of 60%,. He says it in his annual report. If he has an EBITDA margin of 60% and he is selling for 3,000 naira, his cost of production is only 1200 naira. Also, notice how much lower the EBITDA margin is in "Pan Africa" which is his operations outside Nigeria.

This just just open price gouging. And you monkeys are too dumb to see it.

Link: https://www.dangotecement.com/wp-content/uploads/reports/2020/FY2020/DangoteCement_FY2020_ResultsStatement.pdf go to page 4.

emmanuelewumi:
Reason why it is very for investors to have a regular cash flow, on the long run Naira cost averaging is very good and profitable

emmanuelewumi:
Provided you are a regular investor, who buys every week or month

moneymanager:
If dividend gives you 12% and the stock loses 11% till end of year. Your profit is 1%

Yes it can rise the next year but in the mean time you are also stuck with tied up cash

dipoolowoo:
Shareholders Praise UBA’s Decision to Slice Dividend Payout
https://businesspost.ng/economy/shareholders-praise-ubas-decision-to-slice-dividend-payout/

gabscity:
I am not sure they are done with it. After the reconstruction they should have 9B shares outstanding. They still have 36B.... but I think it must be implemented before September 30th, the cut off date for the phase 2 recapitalisation of the insurance coys.

gabscity:
http://www.nse.com.ng/Financial_NewsDocs/32845_AXA_MANSARD_INSURANCE_PLC%20AXA_MANSARD_%20CORPORATE_ACTIO.pdf