₦airaland Forum

Notore chemicals; shareprice 62naira, eps -70.[minus seventy] na wa oh

Palomadove:
Hello house,
After opening an account with morgan capital and buying some stocks, do i still need to fill the e dividend form or is it already part of the process when i registered with morgan capital?
Thank you

Send a mail to ask on how to go about it ,they will send you the forms of the registrar's

Palomadove:
Hello house,
After opening an account with morgan capital and buying some stocks, do i still need to fill the e dividend form or is it already part of the process when i registered with morgan capital?
Thank you

Yes , you need to fill it and process it via the registrar of each company

https://nairametrics.com/2024/04/05/stanbic-ibtc-reports-74-pat-growth-in-2023-to-pay-n28-5-billion-final-dividend/

2.20 final dividend....

Mpeace:
Dangote's soon no dey too soon oh. He is patient with these kind of things, maybe thats why he hardly makes mistakes.

One of the conditions for listing on the NGX is 3 years audited report.

Dangote Refinery wont be able to meet that requirement soon.

The list of his refinery wont be until around 2028.

I have one Portfolio wey I call TONI-DANG-BUA; the idea is to accumulate various stocks that I deem to good to ignore.

I for add Ote$ join but make I wait see what this guy dey do behind the scenes.

This year as we no gree for anybody we dey also follow people wey sabi road.

Hook or Crook is the mantra 😄😄🤞

teejay1334:
Send a mail to ask on how to go about it ,they will send you the forms of the registrar's

I will do this. Thank you.

Mfunkynation:
Yes , you need to fill it and process it via the registrar of each company

Okay. Thank you.

Ding!

About 10% of entire Abbey building outstanding shares done through crossed deal already. Any info?

Palomadove:
After opening an account with morgan capital and buying some stocks, do i still need to fill the e dividend form or is it already part of the process when i registered with morgan capital?

- It's not part of the account opening process
-You need to fill E-Dividend forms with Registrars for mandate
- Some Registrars have online portal whereby you can fill it online and submit......Africa Prudential is among.....you can Google others
- You can visit this link to download some Registrars forms too.

https://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/

yMcy56:
- It's not part of the account opening process
-You need to fill E-Dividend forms with Registrars for mandate
- Some Registrars have online portal whereby you can fill it online and submit......Africa Prudential is among.....you can Google others
- You can visit this link to download some Registrars forms too.

https://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/

Thank you.

Eterna Chooses Former Oando Chief Strategy Officer as MD/CEO
https://businesspost.ng/jobs/eterna-chooses-former-oando-chief-strategy-officer-as-md-ceo/

Court Adjourns Arraignment of Binance, Representatives Till April 8
https://businesspost.ng/economy/court-adjourns-arraignment-of-binance-representatives-till-april-8/

Weathering the Storm: Why Insurance is Your Shield Against Inflation
https://businesspost.ng/economy/weathering-the-storm-why-insurance-is-your-shield-against-inflation/

Nigeria Smiles to Bank as Brent Hits $90 on Mounting Geopolitical Friction
https://businesspost.ng/economy/nigeria-smiles-to-bank-as-brent-hits-90-on-mounting-geopolitical-friction/

From Uncertainty to Confidence: A Personal Journey with Annuities
https://businesspost.ng/economy/from-uncertainty-to-confidence-a-personal-journey-with-annuities/

Naira Official Rate Now N1,225/$1, Street Value at N1,240/$1
https://businesspost.ng/economy/naira-official-rate-now-n1225-1-street-value-at-n1240-1/#google_vignette

Dangote Sugar in Market to Sell N50bn Commercial Paper
https://businesspost.ng/economy/dangote-sugar-in-market-to-sell-n50bn-commercial-paper/

DANGSUGAR...

DANGCEM
Change to Dividend announcement....

https://doclib.ngxgroup.com/Financial_NewsDocs/40844_DANGOTE_CEMENT_PLC-CORPORATE_ACTIONS_-_CHANGE_TO_DIVIDEND_ANNOUNCEMENT_CORPORATE_ACTIONS_APRIL_2024.pdf

DS is moving forward gradually while NS is running backwards, in spite of the pending NS bonus. Wetin dey happen

Thank you all for the previous responses. I am back again.
Pls which registrar is for Transpower. I could not find it on any of the registrars form on SEC website and the ones Morgan capital sent to me. Also, when I contacted Morgan capital about info and assistance on how to go about the E -dividend, they sent me a stock transfer form to fill in addition to a list of registrars form. Pls can someone explain the purpose of the stock transfer form. Thank you.

No results today?

Mpeace:
Notore chemicals; shareprice 62naira, eps -70.[minus seventy] na wa oh

The most notorious stock full of ironies.

Palomadove:
......

** Pls which registrar is for Transpower:
** It should be AFRICAN PRUDENTIAL

** I could not find it on any of the registrars form on SEC website and the ones Morgan capital sent to me: ** It's because it's newly listed and the E-Div Forms available are existing ones

** Also, when I contacted Morgan capital about info and assistance on how to go about the E -dividend, they sent me a stock transfer form to fill in addition to a list of registrars form. Pls can someone explain the purpose of the stock transfer form:
** The Stock Transfer Form is used for Signature confirmation. Even if you send Form to a Registrar, they'll still request for confirmation of your signature from your broker..... More reason your broker sent it to you to sign (they'll assist you to fill for each Registrar to avoid back on forth on mistakes. You only needed to sign the relevant column only.

Princkez:
No results today?

Na result be this o.
Honestly, this stock/bond is good for long termers......
Dividend distribution is quarterly!

** First quarter distribution: N4.23k
Qualification Date: April 12, 2024
Payment Date: April 19, 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/NIDF_Announcement_-_Q1_2024_Corporate_Action.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40853_NIGERIA_INFRASTRUCTURE_DEBT_FUND-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

yMcy56:
** Pls which registrar is for Transpower:
** It should be AFRICAN PRUDENTIAL

** I could not find it on any of the registrars form on SEC website and the ones Morgan capital sent to me: ** It's because it's newly listed and the E-Div Forms available are existing ones

** Also, when I contacted Morgan capital about info and assistance on how to go about the E -dividend, they sent me a stock transfer form to fill in addition to a list of registrars form. Pls can someone explain the purpose of the stock transfer form:
** The Stock Transfer Form is used for Signature confirmation. Even if you send Form to a Registrar, they'll still request for confirmation of your signature from your broker..... More reason your broker sent it to you to sign (they'll assist you to fill for each Registrar to avoid back on forth on mistakes. You only needed to sign the relevant column only.

This was really helpful. I appreciate it so much.

yMcy56:
** First quarter distribution: N4.23k
Qualification Date: April 12, 2024
Payment Date: April 19, 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/NIDF_Announcement_-_Q1_2024_Corporate_Action.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40853_NIGERIA_INFRASTRUCTURE_DEBT_FUND-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

like play like play distribution don increase. NIDF thank you!

dangle:
Transcorp Power PLC was listed in March 2024 on NGX by way of introduction. Hence it was not captured in the 2023 audited report. It is an event that happened in 2024, which will be captured in their Q1 2024.

However, I feel strongly that those who have bought into it will receive the meagre dividend as long as they have bought it on or before the chosen future qualification day.

My 2 kobo understanding of the issue.

Those having Transcorp Power Plc shares on or before April 19, 2024 will be paid N3.13k on May 7, 2024.

please, does Morgan capital pay dividend directly to ur account

yMcy56:
Na result be this o.
Honestly, this stock/bond is good for long termers......
Dividend distribution is quarterly!

** First quarter distribution: N4.23k
Qualification Date: April 12, 2024
Payment Date: April 19, 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/NIDF_Announcement_-_Q1_2024_Corporate_Action.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/40853_NIGERIA_INFRASTRUCTURE_DEBT_FUND-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Good evening madam mercy, Is it traded on the exchange? How much is a unit currently? What influences it's price?

Elsueno:
please, does Morgan capital pay dividend directly to ur account

Morgan does not pay dividend but the company you are a shareholder pays

Mfunkynation:
Morgan does not pay dividend but the company you are a shareholder pays

I am aware of that, what I am asking is wether the dividend goes directly to my bank account like I-invest app or directly to the trading account on apps like chaka etc. I do not want to be filling up forms annually everytime dividends payment are due

yMcy56:
While I may not totally get what you mean by implication, I however think this is what you're trying to ask:

The information implies that "IF you're interested in collecting those dividend amounts, you need to buy the stocks and have them in your portfolio until the QUALIFICATION DATE to be qualify for it.
* If you buy after Qualification Date, you won't be eligible to collect it.
* The dividend multiply by your total quantities will be the amount to receive on PAYMENT DATE.

Thereafter, you may sell it or leave it if you're a long term investor.
You can be buying more as the prices goes down to increase you holdings/quantities for better future dividends or price appreciation.

Thank you so much for imparting the exact information I was seeking.

Elsueno:
I am aware of that, what I am asking is wether the dividend goes directly to my bank account like I-invest app or directly to the trading account on apps like chaka etc. I do not want to be filling up forms annually everytime dividends payment are due

dividends are paid directly into your bank account.