My Father's Dividend After 11years Of Investing In Transcorp Shares - Investment (2)

My Father's Dividend After 11years Of Investing In Transcorp Shares - Investment (2) - Nairaland

Nairaland Forum › Nairaland General › Investment › My Father's Dividend After 11years Of Investing In Transcorp Shares (44766 Views)

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Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by freeman67: 9:53am On Oct 16, 2024*

There is nothing wrong in the payments made to you. Everything there seem to be accurate apart from the interim dividend declared in August that was not included and that also will just be the same amount as the last the paid in 2024 (2023 Final Dividend)

If it's confusing, you can just google Transcorp PLC dividend history and you will see that all is well. That screenshot is expressive enough and every detail required is there.

It's like you expected more but unfortunately very very Transcorp has been sluggish in both capital appreciation and dividend payments over the years. It's just last year when Forte attempted a form of hostile take over that the price got elevated a little. Even at that, the quantity your Dad got is not significant enough to bring any humongous suprise as it also never declared any bonus through the years.

2 Likes 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by izubext007: 9:56am On Oct 16, 2024

stop lying 🤥 my aunty was paid close to 3 million naira with 5 thousand unit

2 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by casualobserver: 9:56am On Oct 16, 2024*

spinna:
Obasanjo era scam..

I remember in early 2000 when my dad bought 2 tokunboh çars with just his Guinness plc shares.

Now same Guinness has been frustrated out of the country

Guiness was not frustrated out of the country. Nigeria is their largest market outside Ireland. Guiness is still in Nigeria. The Nigerian brewed Foreign extra stout is very popular globally and accounts for over half of all Guinness brewed worldwide. Though now brewed in other countries, It was developed in Nigeria. Nigeria was their first brewery outside Europe.

If guiness leaves Nigeria, it means Guiness is dead.

Comment on things you know about.

5 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by MrDoGood(m): 9:58am On Oct 16, 2024

I don't understand.

Are these alert suppose to be in hundreds of thousands or tens of millions.

Because what's 10 naira abi how much?

But the top men are cashing out.

Everything about Nigeria is scam

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by correctguy101(m): 9:58am On Oct 16, 2024

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

Some were expecting the returns to be millions...

That one resemble investment?

SMH

2 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by anonimi: 9:58am On Oct 16, 2024*

spinna:
Obasanjo era scam..

I remember in early 2000 when my dad bought 2 tokunboh çars with just his Guinness plc shares.

Now same Guinness has been frustrated out of the country

Please how exactly is this loss of value due to lower productivity and higher looting, linked to Obasanjo era scam?

Who was president in early 2000 huh

Perhaps you should remember what Tinubu’s finance minister said below.

The last time Nigeria’s economy was stable was about a decade ago – Wale Edun

The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

1 Like 2 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by digitaccountant: 9:59am On Oct 16, 2024

You need a significant liquidity base to benefit from shares over the longterm.

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by TheGift: 9:59am On Oct 16, 2024

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

Wether he buys 1000 shares or 1 billion. The share appreciation is still very poor.

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Trojan8(m): 10:00am On Oct 16, 2024

Your dad invested less than 2 thousand naira and somehow you are expecting millions grin

5 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by casualobserver: 10:01am On Oct 16, 2024

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

To start with the question is not how many shares does your father own but what is the value of the shares he bought. If you father owns 1,000 shares then the total value of his shares today is N10,000, what did he pay for it? If he paid N1000 then and it is worth N10000 now then it has been a good investment. If he paid N10,000 then and it is only worth N10,000 now then so far it has been a bad investment.

My guess is if you forget about shares you own because the share certificates were lost, he probably didn’t pay much for them in the 1st place.

Secondly transcorp was a govt creation and was always going to be bogged down in govt machinations, politics and policies. it was never a good investment idea then, though now that may be change given the revamp in the power sector and the entry of elemelu.

4 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Makapounse(m): 10:01am On Oct 16, 2024

spinna:
Obasanjo era scam..

I remember in early 2000 when my dad bought 2 tokunboh çars with just his Guinness plc shares.

Now same Guinness has been frustrated out of the country

Your Dad bought 2 cars with divident from Guinesss Plc share during Obasanjo regim , yet you still open your stinkin mouth to call it Obasanjo regim scam ? Who scam You or your Dad then?

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Ginalex(f): 10:01am On Oct 16, 2024

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

What's your ask? Advice on what exactly?

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by digitaccountant: 10:01am On Oct 16, 2024

successnwa:
Greetings
Please what investment would you advise one to invest in this present time.

Treassury Bills. If you invest 1million naira. You are guaranteed 200,000naira by the end of the year.

2 Likes 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Askme2020(m): 10:01am On Oct 16, 2024

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

If he buy BTC way back in 2013 with that ₦1,732.5, now he will be a millionaire in Naira

2 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Nwaikpe: 10:02am On Oct 16, 2024

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

All these small boys for nairaland,

Una no dey taya?

Any small thing, crypto
Any small thing, millions

If we say show your account balance now, e no go reach 50k

2 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by faceland: 10:04am On Oct 16, 2024

Legalised scam.

Considering how the Naira has lost value, you can't imagine how ridiculous this is.

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by diverseconcepts: 10:06am On Oct 16, 2024

digitaccountant:
Treassury Bills. If you invest 1million naira. You are guaranteed 200,000naira by the end of the year.

200k cash advance cool

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by motionarena: 10:06am On Oct 16, 2024

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

What advise u want?

Na wetin he earn dey pay am na

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by diverseconcepts: 10:06am On Oct 16, 2024

I have 50 hectares for sale facing the coastal road with Lagos state CofO

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by WorldRichest: 10:09am On Oct 16, 2024

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

Tony Elumelu na bastard. Ogun go soon kee am. I know all these cowboys that rose in the banking industry around 1990, they are all fraudsters. But their tribe people will say you are jealous of them.

5 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Tareq1105: 10:10am On Oct 16, 2024

BuyMeLand:
Some company shares are just useless. 11years investment no even reach up to N1k

His father was lucky to have gotten his share certificate to start with.

I bought the shares of same Transcorps, no certificate, no refund, no dividend.

I've stopped buying shares since bcoz it's a scam.

4 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by MightySparrow: 10:10am On Oct 16, 2024

I bought some there also, I forgot it

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by nedekid: 10:11am On Oct 16, 2024

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

Op. Please, kindly explain the process.
After you search the name on that link and it shows you the shares, it then bring a page requesting bvn etc. What next after that? Can you kindly explain the processes until you get the alert?

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by noskcid(m): 10:12am On Oct 16, 2024

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

You don start bros

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by PHIPEX(m): 10:19am On Oct 16, 2024

Investing in shares for dividend sake is a lazy way to invest in my view except you have a controlling interest in the company.

The real deal is capital appreciation which could give significant profit or massive loss

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Princemedico18: 10:21am On Oct 16, 2024

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.

Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650

$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)

What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.

Only if we can see the future

What if your account was hacked? Or lost your account?

Then wish bitcoin is the future now?

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by rowrowland: 10:24am On Oct 16, 2024

You guys are lucky as the share value already dropped as at that time - your dad bought cheap.
I bought mine before then and it turned out to be the ultimate Scam - the moment Baba Iyabo moved his money, it crumbled. Transcorp then was promising because of Obasanjo - it would've performed if he got third term. Stock pros in-house, correct me if I'm wrong oo.
I think I bought for 20naira per share back then.

2 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Lamasta(m): 10:26am On Oct 16, 2024

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.

Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650

$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)

What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.

Only if we can see the future

This life no balance

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by ppogba: 10:28am On Oct 16, 2024

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

The man did not buy at N1.65.
If the son could be talking about share certificate, it shows the man bought through the public offer. The public offer price was N7.00 if I am not mistaken.

You talked about crypo, I doubt if crypo was existing then.

You are very correct about the purchase being a trial and error thing rather than an investment for the future.

You don't put token in shares or any investment for that matter and expect it to end your misery.

2 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Ibechris2: 10:31am On Oct 16, 2024*

I learnt one key thing about buying shares.

Before u buy any share or stocks from any organisation in Nigeria one,check out the live-styles of the CEO's and other top management teams.

Check out what they lavish money on...then come back and tell yourself the hard truth.

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by AuthorMan: 10:31am On Oct 16, 2024

BuyMeLand:
Some company shares are just useless. 11years investment no even reach up to N1k

Shares in Nigeria is a scam.

3 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by BABANGBALI: 10:31am On Oct 16, 2024

That's why I stopped buying chairs

1 2 3 4 5 6 7 Reply

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