₦airaland Forum

Ding

Cutix Plc Holds AGM Today : Here Are the Major Decisions Facing Shareholders https://naijaticker.com/news/naijaticker/cutix-plc-holds-agm-today-here-are-the-major-decisions-facing-shareholders?utm_source=nairaland&utm_medium=referral&utm_content=thread

Seplat interim dividend Q2

Seplat dividend No 39 & 40 just landed. I have been monitoring this company for a while, they pay dividend very early in the morning of the payment date.

Will have to contact the Registrars to see how i can be receiving it in dollars instead of the Naira eqivalent.

jonnysessy:
Seplat interim dividend Q2

Seplat dividend No 39 & 40 just landed. I have been monitoring this company for a while, they pay dividend very early in the morning of the payment date.

Will have to contact the Registrars to see how i can be receiving it in dollars instead of the Naira eqivalent.

Very juicy dividend

jonnysessy:
Seplat interim dividend Q2

Seplat dividend No 39 & 40 just landed. I have been monitoring this company for a while, they pay dividend very early in the morning of the payment date.

Will have to contact the Registrars to see how i can be receiving it in dollars instead of the Naira eqivalent.

Here’s what you’ll likely need to do:

1. Domiciliary Account: You need a USD domiciliary account with your bank.
2. Contact the Registrar: Greenwich Registrars. Send them:
- Your CSCS number
- Bank name + USD Domiciliary account details + SWIFT code
- Letter of instruction + ID + Signature mandate card
3. Indicate "USD Payment Mandate": Tell them to pay all future dividends in USD directly to your domiciliary account instead of converting to Naira.

Note: There may be wire/transfer fees, and it might take 1-2 dividend cycles to reflect.

Why do this?
With naira volatility, getting USD directly protects value. Especially if you’re a long-term holder like you said you’ve been monitoring them.

Willie2015:
Very juicy dividend

Very few units i own, yet the dividend is humongous.

Dividend remains my icing on the cake of every investment. We are looking forward to MTN & Presco in the month of September. While also waiting for the H1 results of the over-regulated banking H1 results. At least one or two should come up with interim dividend. All that will be expected in the month of October if not November.

essentialone:
Here’s what you’ll likely need to do:

1. Domiciliary Account: You need a USD domiciliary account with your bank.
2. Contact the Registrar: Greenwich Registrars. Send them:
- Your CSCS number
- Bank name + USD Domiciliary account details + SWIFT code
- Letter of instruction + ID + Signature mandate card
3. Indicate "USD Payment Mandate": Tell them to pay all future dividends in USD directly to your domiciliary account instead of converting to Naira.

Note: There may be wire/transfer fees, and it might take 1-2 dividend cycles to reflect.

Why do this?
With naira volatility, getting USD directly protects value. Especially if you’re a long-term holder like you said you’ve been monitoring them.

Thank you so much. I will work on this.

Is signature mandate card the same as bankers confirmation ? That is the only requirement not very clear.

Seplat on full bid, i just wanted to plough in back the dividend to get a few more units. Is it because they just paid dividend that is why it is not available.

Dividend Alert: 3 NGX Stocks Have August 28 Qualification Date https://naijaticker.com/news/naijaticker/dividend-alert-3-ngx-stocks-have-august-28-qualification-date?utm_source=nairaland&utm_medium=referral&utm_content=thread

SmartInsure:
Dividend Alert: 3 NGX Stocks Have August 28 Qualification Date https://naijaticker.com/news/naijaticker/dividend-alert-3-ngx-stocks-have-august-28-qualification-date?utm_source=nairaland&utm_medium=referral&utm_content=thread

UPDCReIT= ₦0.4 Not ₦80.4

Let someone help check on Peterichy..I hope he's fine..cos this Oando wan send am back to village so.

That was a typo, Thanks for feedback

chimex38:
UPDCReIT= ₦0.4 Not ₦80.4

He is with the elders n the village

Yoursfaithful:
Let someone help check on Peterichy..I hope he's fine..cos this Oando wan send am back to village so.

Make TONY no spoil market for us as ge resumes as CHAIRMAN

jonnysessy:
Seplat interim dividend Q2

Seplat dividend No 39 & 40 just landed. I have been monitoring this company for a while, they pay dividend very early in the morning of the payment date.

Will have to contact the Registrars to see how i can be receiving it in dollars instead of the Naira eqivalent.

Yoursfaithful:
Let someone help check on Peterichy..I hope he's fine..cos this Oando wan send am back to village so.

If na only village e for better

Village sef don banish am

Agbalowomeri:
If na only village e for better

Village sef don banish am

Village to forest 🤣🤣🤣

Agbalowomeri:
E be like this writer bought GT @150

LOL...With Lapo money.

jonnysessy:
Thank you so much. I will work on this.

Is signature mandate card the same as bankers confirmation ? That is the only requirement not very clear.

No, they are not exactly the same. But registrars sometimes accept one in place of the other.

1. Signature Mandate Card
This is the card your bank gave you when you first opened your Domiciliary account.
It has: Your specimen signature, account name, account number, and the bank’s stamp.
Purpose: To prove to the registrar that you are the real owner of that Domiciliary bank account and that the signature on your letter matches the bank’s record.

2. Banker’s Confirmation Letter
This is a letter your bank writes afresh for you, based on your request.
It has: Your account name, account number, account type, branch, and confirmation that the account is active and in good standing. Signed + stamped by the bank.
Purpose: To confirm the bank account details you gave the registrar are correct and active.

What Greenwich Registrars usually want for USD Dividend Mandate:

- Domiciliary Account Details - Name, Number, Bank, SWIFT
- Letter of Instruction - signed by you
- Means of ID - NIN/Int'l Passport/Driver's License
- Proof of Account Ownership - This is where it gets confusing. Most registrars will accept either:

Option A: Copy of Signature Mandate Card + Bank Statement.

Option B: Banker’s Confirmation Letter on bank letterhead

The Banker’s Confirmation is safer and more accepted because it’s current and on letterhead. Signature Mandate Cards are old and many people don’t have them anymore. I am guessing you may not even still have yours. Na joke o.

My advice for you:

Call or email Greenwich Registrars first and ask:

"For USD dividend payment mandate, do you accept a Banker's Confirmation Letter, in place of Signature Mandate Card?"

9 out of 10 times they’ll say yes. Then scan that letter + other docs to them.

narite:
LOL...With Lapo money.

😆

Market will be on downward trends from now till January when presidential electionn will hold.

So those in the market should be ready to lose their shirt

megamart247:
Market will be on downward trends from now till January when presidential electionn will hold.

So those in the market should be ready to lose their shirt

Hmmmm
Stock market no go comot cloth from our body oooo

NGX ko ni gba aso lara wa oo

Which kind Àbòsí be this sef?

I pity who go point accusing fingers... Na jail you go land yourself in...
As una no sabi politicians both in that una aso rock and for states. Make una trace NIGERIA STOCK EXCHANGE funds and funders na... Bunch of egbe agabagebe...

essentialone:
No, they are not exactly the same. But registrars sometimes accept one in place of the other.

1. Signature Mandate Card
This is the card your bank gave you when you first opened your Domiciliary account.
It has: Your specimen signature, account name, account number, and the bank’s stamp.
Purpose: To prove to the registrar that you are the real owner of that Domiciliary bank account and that the signature on your letter matches the bank’s record.

2. Banker’s Confirmation Letter
This is a letter your bank writes afresh for you, based on your request.
It has: Your account name, account number, account type, branch, and confirmation that the account is active and in good standing. Signed + stamped by the bank.
Purpose: To confirm the bank account details you gave the registrar are correct and active.

What Greenwich Registrars usually want for USD Dividend Mandate:

- Domiciliary Account Details - Name, Number, Bank, SWIFT
- Letter of Instruction - signed by you
- Means of ID - NIN/Int'l Passport/Driver's License
- Proof of Account Ownership - This is where it gets confusing. Most registrars will accept either:

Option A: Copy of Signature Mandate Card + Bank Statement.

Option B: Banker’s Confirmation Letter on bank letterhead

The Banker’s Confirmation is safer and more accepted because it’s current and on letterhead. Signature Mandate Cards are old and many people don’t have them anymore. I am guessing you may not even still have yours. Na joke o.

My advice for you:

Call or email Greenwich Registrars first and ask:

"For USD dividend payment mandate, do you accept a Banker's Confirmation Letter, in place of Signature Mandate Card?"

9 out of 10 times they’ll say yes. Then scan that letter + other docs to them.

You have indeed been very helpful in this matter. Thank you for the insight, i really appreciate the patience you exhibited in putting me through. Will work on it.

Accountability for Fuel Subsidy Removal Not On Us - Governors
https://www.nairaland.com/8736717/non-accountability-fuel-subsidy-removal-not

That is it!
Robbing Peter (masses) to pay Paul (governors)

essentialone:
😆

Very savage comments I'm reading. Una no dey pity sha

mikeapollo:
Accountability for Fuel Subsidy Removal Not On Us - Governors
https://www.nairaland.com/8736717/non-accountability-fuel-subsidy-removal-not

That is it!
Robbing Peter (masses) to pay Paul (governors)

Oando sef dey rob you and Pitiful Peter

SonofElElyonRet:
Oando sef dey rob you and Pitiful Peter

Na you talk am oooo.
Peter must be sure of his ''game''; I am also sure of my ''game''
And I know you are also sure of your ''game''.
I know there is a Japaul, Ellah and Oando.

Redoil:
see this Ella lakes people are on this platform reading all i have said they still crashing the price futher for some cabals to acquire huge units before allowing it to fly

Looks like it might touch N5 - N6

Meanwhile Zichis still descending

Avacap still descending

Eyes on Japaul and hoping for attractive descent price

mikeapollo:
Na you talk am oooo.
Peter must be sure of his ''game''; I am also sure of my ''game''
And I know you are also sure of your ''game''.
I know there is a Japaul, Ellah and Oando.

Na only Japaul I wait for at attractive prices make I add up. Except Ellah and Oando fall yakata, I no dey buy.
Zichis might also present attractive opportunity as e dey descend slowly but steadily

megawealth01:
Which kind Àbòsí be this sef?

I pity who go point accusing fingers... Na jail you go land yourself in...
As una no sabi politicians both in that una aso rock and for states. Make una trace NIGERIA STOCK EXCHANGE funds and funders na... Bunch of egbe agabagebe...

Lol
The Hypocrites club!

SonofElElyonRet:
Na only Japaul I wait for at attractive prices make I add up. Except Ellah and Oando fall yakata, I no dey buy.
Zichis might also present attractive opportunity as e dey descend slowly but steadily

Okay ooo.
Time will tell