Mpeace:
Do you recieve dividends through Access bank? If yes, then you have to follow a simple procedure tobget your dividend

emmanuelewumi:


Dangote Foods should be able to do at least N150 in the next 6 months

Mfunkynation:

I use Access Bank.
I have been using it to receive my dividend without any hassles!
What procedure is that?

Mpeace:
You might be one of us that moved woth Diamond bank, if so then You might get it, but if you dont get it on time, then you need to go to your bank and get your alternate account number for NEFT transactions.
Then you use it to fill a new e-dividend mandate form.
I have been filling new mandate forms all over again for some brokers because of the alternate account issue.

Those old diamond bank accounts have this unique issue.
Some brokers will pay with the old account number

Mfunkynation:

Thanks for the update..
Mine is the original Access Bank account number..
It doesn't have an alternative

megawealth01:
You mean you took the whole 32m into OANDO?

Mfunkynation:

Thanks for the update..
Mine is the original Access Bank account number..
It doesn't have an alternative

leparj:


I am yet to received zenith interim dividend too.
I also use Access Bank.

Mpeace:
Do you recieve dividends through Access bank? If yes, then you have to follow a simple procedure tobget your dividend

ojesymsym:
Let us start by analyzing his statement. Na you and loco be the major jijo master, from how the market went this year, is it really likely that he turned 4M into 32M from the stocks he mentioned? Some of those stocks rallied at the same time. I am just curious.

ositadima1:


Based on price history, it could have been possible, but not in the order he mentioned.

30-Mar-23****1.5***Transcorp
27-Apr-23***3.12***Transcorp
3-May-23****0.33***japaulgold
22-Jun-23****0.65***japaulgold
11-Aug-23***33*****dangsugar
4-Sep-23****66.5***dangsugar

I never see my Zenith dividend o.

leparj:
On this delayed zenith interim dividend
to Access Bank accounts.
Could Access Bank be having some issues?
Transferred 200k from my Opay to my Access today morning.
Got a successful transaction receipt.
Over 2 hr now. Money yet to be credited my Access

leparj:
On this delayed zenith interim dividend
to Access Bank accounts.
Could Access Bank be having some issues?
Transferred 200k from my Opay to my Access today morning.
Got a successful transaction receipt.
Over 2 hr now. Money yet to be credited my Access

leparj:
On this delayed zenith interim dividend
to Access Bank accounts.
Could Access Bank be having some issues?
Transferred 200k from my Opay to my Access today morning.
Got a successful transaction receipt.
Over 2 hr now. Money yet to be credited my Access

emmasoft:

@Umargarr you don't need to fill another mandate. The Registrars who are in charge of dividends work with the CHN of investors when processing dividends and once they have it, irrespective of the stockbroker you used it will be processed. It's even the reason we encourage investors here to provide thier current CHN to a second or third stockbroker they wish to use in other to avoid any issues when it comes dividend processing.

ositadima1:


Based on price history, it could have been possible, but not in the order he mentioned.

30-Mar-23****1.5***Transcorp
27-Apr-23***3.12***Transcorp
3-May-23****0.33***japaulgold
22-Jun-23****0.65***japaulgold
11-Aug-23***33*****dangsugar
4-Sep-23****66.5***dangsugar
I use union bank have not received till now
I never see my Zenith dividend o.

dammybrite:
I'm suspecting that the payment was in batches.
I just got my shinkini dividend this afternoon - UBA.

Mpeace:
I dont know why people dont rate transcorp Hotel. It moved from N6 to N44. He might have equally invested here.

But sha I no dey too believe gains I see for faceless forum

decargne:
Hello, please I want to know if all accrued devidenda from the little UBA stocks I bought 18months ago will be credited to my account upon submission of the e mandate form.

If not, how do I go about it please?

Thanks

PETERiCHY:
BUA Group has decided to being down the price of Cement effective October 2, 2023.

According to a statement from the Cement manufacturer, the organization decided to bring the price reduction forward rather than waiting till when its new production lines were completed as it had earlier promised.

Based on the latest development, the ex-factory price has now been fixed at 3,500 NAIRA per bag, 'so that Nigerians can begin to enjoy the benefits of the price reduction even before the completion of the new plants'.

The statement further revealed that upon completion of the new plants which will increase BUA production volume to 17million Metric tons per annum, the company intends to further review downwards the price of cement by first Quarter of 2024 in line with earlier promise.

See full text of the statement below

BUA Cement reduces ex-factory cement prices to N3,500/bag effective October 2, 2023.

We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.

As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward. As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.

Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.

NOTE: all pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023. Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance.

Signed:

Management
01 October, 2023

emmasoft:
@Umargarr you don't need to fill another mandate. The Registrars who are in charge of dividends work with the CHN of investors when processing dividends and once they have it, irrespective of the stockbroker you used it will be processed. It's even the reason we encourage investors here to provide thier current CHN to a second or third stockbroker they wish to use in other to avoid any issues when it comes to dividend processing.

crownprince2017:
What is likely to be the investors reaction to this news on Tuesday?

ojesymsym:
unfortunately, this was not my experience. In my case I had to fill another mandate form for the other stockbrokering firm because I did not received the dividends from the same stock bought in another company.

decargne:
Hello, please I want to know if all accrued devidenda from the little UBA stocks I bought 18months ago will be credited to my account upon submission of the e mandate form.

If not, how do I go about it please?

Thanks