Today, UCAP payment day. Hmmm... who go buy us beer for here.

hakeem02:

When does seeking investors for your startup become a scam?

You are right. Just that this thread is for the stock market.

sonofElElyon:


You are right. Just that this thread is for the stock market.

Many thanks. The stock market begins with equity sharing before a business grows large enough to be listed on a public exchange. All companies listed on the stock exchange sought investors at some point during their development. When the company went public, the earlier investors reaped the greatest rewards.

Bukkydudu:
Please has FBNH declared dividend?

Audited Q4 Result is not yet out.

SmartMoneyGuy:
@log1,

You need to buy ymcy56 a delicious meal with natural fruit juice. this a great advice. All you need to do is DD and DD with DD.......
.....more important than DD is your investment or money psycology and strategy.

Lol. This one too is not bad.......but I can wait to get the delicious meal after making profits....

I hope the Oga knows that the advice wasn't cast in stone.....
The stocks that are perceived to be expensive may eventually not be expensive when other variables are factored in........coupled with news that may surface or surround the stock........and vice versa.

UBA
Bargain hunters seriously picking amidst lullness in the market.......sold as low as 7.50 earlier, back to 7.70

ACCESS, FIDELITY: Also getting attn....

CAP PLC on full bid @19.80....

GTCO: Surprisingly, no rushing here by dividend hunters today being the last qualification date , Maybe those not already seated in the bus prefer to buy after markdown .........or maybe they're still coming.....

Mills55:


Brother use ur head. Check the calibe[code][/code]r of people here, check the thread again. If ur family members or community cannot trust u with the said fund, how come you think I can? Better get ur family reach first.

Thank u. The project started 2yrs ago, myself and my family members have invested over N20m already. Tech is a highly capital intensive project. Do you know how much jiji, jumia and the rest spent to developed their platform to the current stage.

Moreover anyone can pick interest in your project. YC is an american company and the first company to invest in paystack even when many Nigeria investors turned them down because they had little traction. They had never met the founder and simply believed in the project. YC invested N35m for 7% equity in 2016 and earn over N15billion return after paystack's acquisition in 2020.

ucap just land o

do giveaway boss

dharpzee:
ucap just land o

Ub cap confirmed. This 10 % withholding tax na big money when you do the maths yourself. They for they add the thing for personal income tax

Biafran4life:
Ub cap confirmed. This 10 % withholding tax na big money when you do the maths yourself. They for they add the thing for personal income tax

Make dem reduce am sef to 5%

yMcy56:

Since you're for long term I think the fundamentally sound, consistent Dividend paying stocks will be more like it for you.......
The list you gave are good, but from my personal angle, if it's me, I'll remove Guinness and Seplat for now.......reason being that the current prices are high for me, you may consider them if there's pullback (price falls below CP).
F.U.G.A.Z is good.............no shaft there for me........and, you can actually take part in the coming dividends for F.G.A.Z "if you so wish" OR wait till after markdown before entering the bus.......

Stocks in Food and consumer goods are also good.
You can also do you DD and pick from the list.........Unilever, FMN, UCAP, NB, Fidelity, FCMB, APR, Custodian, Wapco, Vitafoam, GSK, Nestle, Total, Airtel, NGXGROUP.....
The two Oil palm stock prices have gone up OKOMU & Presco), you can wait for pullback and pick from the sector....
There are still quite some others in the Small, Medium and Big Cap categories......such as NPFMFB, Lasaco, Learn Africa etc.

**Note**
* Don't go for too many stocks
* Have a strategy in place.....to be buying more and topping up the ones you have whenever market dips (price falls)
* You have to fill E-Dividend forms for your stock picks and register with Nigerian broker with digital portal to be able to trade
* Deal with your emotions. Not healthy for any long termer to be watching and monitoring daily price movmts of stocks. Patience is a virtue here.
* Regular review and assessment is good for your picks.

* GTCO: The final qualification Date for dividend is tomorrow 23/3/2022.

Still typing......

this dividend thing can I do it on trove??

in US
The higher you earn in dividend, the higher you tax rate above $10k and its 12%, above $40k its 22%

dharpzee:


Make dem reduce am sef to 5%

Biafran4life:
Ub cap confirmed. This 10 % withholding tax na big money when you do the maths yourself. They for they add the thing for personal income tax

Is it not double taxation on shareholders since the company has already paid tax?

Pls this UCAP dividend that dropped today from UBA, is it all the dividend that will drop from UBA or one should still expect more?

Biafran4life:
Ub cap confirmed. This 10 % withholding tax na big money when you do the maths yourself. They for they add the thing for personal income tax

Honestly! But it's 15% that was deducted from mine

pizapato:


Is it not double taxation on shareholders since the company has already paid tax?

The one taken from company will be termed as cooperate tax.My concern has been why won't board of internal revenue add the amount to an individual as part of your personal income tax receipt since it is deducted from personal income

sonofElElyon:

Honestly! But it's 15% that was deducted from mine

No is not possible oh, it is 10% only.Go check the quantity you had before the mark down day

gold360:
Pls this UCAP dividend that dropped today from UBA, is it all the dividend that will drop from UBwA or one should still expect more?

It did not drop from uba rather the registrar which is APR.Uba dividend is still in front ,april. Ucap is a different company from uba bank.

Biafran4life:
The one taken from company will be termed as cooperate tax.My concern has been why won't board of internal revenue add the amount to an individual as part of your personal income tax receipt since it is deducted from personal income

It is added. The WHT is the final tax. If you declare your dividend in your Personal Income Tax the dividend will not be taxed again.

Biafran4life:
It did not drop from uba rather the registrar which is APR.Uba dividend is still in front ,april. Ucap is a different company from uba bank.

The registrar will have UBA as its bank. So the transaction alert will be from UBA bank

Biafran4life:
No is not possible oh, it is 10% only.Go check the quantity you had before the mark down day

Yep. You are right.. 10%

dharpzee:
ucap just land o

please i have not received my ucap dividend, i bought since February and investment one is stockbroker, Do i need to contact my stockbroker

hakeem02:

When does seeking investors for your startup become a scam?

He can create a thread for that

hakeem02:


Thank u. The project started 2yrs ago, myself and my family members have invested over N20m already. Tech is a highly capital intensive project. Do you know how much jiji, jumia and the rest spent to developed their platform to the current stage.

Moreover anyone can pick interest in your project. YC is an american company and the first company to invest in paystack even when many Nigeria investors turned them down because they had little traction. They had never met the founder and simply believed in the project. YC invested N35m for 7% equity in 2016 and earn over N15billion return after paystack's acquisition in 2020.

You can create a thread for your fund raising exercise

Don't let us derail this thread

veetubes:

please i have not received my ucap dividend, i bought since February and investment one is stockbroker, Do i need to contact my stockbroker

Same here. This is after Africaprudential assured me my mandate was taken care of

I am still hoping they're sending the largesse in batches and it's not my turn yet

Ades1:



Same here. This is after Africaprudential assured me my mandate was taken care of

I am still hoping they're sending the largesse in batches and it's not my turn yet

Maybe its bank by bank. And one or two banks may have a little internal go slow. I think we should only worry if we do not see it latest by COB tomorrow.