₦airaland Forum

Please how many times do companies pay dividends per year. What's the Qauter like

KarlTom:
Let me use TRANSCORP as an example.

Proposed Div: ₦0.10
Share price: ₦17.00
Units held: 500,000
Value: ₦8,500,000
Expected Div: ₦50,000 (₦45,000 after WHT)

If I sell all my holdings at ₦18 that's ₦9,000,000 (₦8,820,000 after deductions at 2%)
If I am to reenter at say ₦16, I will be able to get 500,000 units for ₦8,160,000 (2% charges)

Profit Dividend is ₦660,000

Caveat: This is purely based on LUCK and price fluctuations.

This strategy is feasible. If the stock did not drop you'll look for another target to enter

I suspect Transpower will lose value after dividend because it has been stagnant for long

ositadima1:
Where did you see that in my post?

Yes for sure. That will be like basic salary excluding bonuses and other pecs

I have not seen any report or dividend declaration from STERLING BANK do anyone have an update on them?

Bagwa
Tell us wetin dey happen for japaul make we kuku take note

megawealth01:
OANDO. OANDO.. OANDO...

E be like say na eldorado gamble wan pay off ooooo

Make I buy small OandO and follow for hopeville

What is the meaning of FUGAZ

I love this platform
So much depths in analysis and divergent views.

At least NSE is better that trading binance futures.

agbekoya:
Trading NASD through most stockbrokers can be frustrating as liquidity is low and you have to wait for them to place your order 'at their convinience'. If NASD interest you go for their app and trade directly on it but be guided it's not the NGX

Thank you for your insight
Abeg make dem dey there dey I never finish with NSE

House
Please who knows anything about NASD OTC
Is that another stock exchange or what?

onegentleguy:
https://doclib.ngxgroup.com/Financial_NewsDocs/41057_TRANSNATIONAL_CORPORATION_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_APRIL_2024.pdf

Drawing from recent trend and the Nos in their financial prints, I did inform some crop of investors about the possibility of this happening.
...particularly those that subscribed to my investment outline and recommendations/guide.

@ cumstomstreet also mentioned it here. Kudos to you dear. ...you are doing noble!

In simple terms; TRANSCORP is about to embark on a reverse stock split.

It is well

Please which one is reverse stock split again

Zagee:
Your only worry should be, will it dip further after dividend, and do I have the resource to add to my position?.

Whereas, table manners is being observed across one table, because of an Isrealite journey. Even the numbers to start the journey has not turned up. So, na double wahala be that oo.

Most times dips come after dividend payouts
Na to dey look am

Please why is Transpower still stagnant

Any ideas?

OandO is acting as you guys predicted. The shit is of no use for now

MTN needs to shed more blood so I can hop in.
I think Access is at a good bargain what do you guys think

OandO is still shedding blood

The Redness today is on another level

Access Bank is on a free fall. All the banks are losing value
It's only Transpower that still keeps same value for my portfolio

ositadima1:

I am not a banker, but my argument is based on common sense and knowledge from general engineering and personal safety practices. Why do people keep a spare tire in good condition and in their car at all times? Why do they keep pressure on the gauge for their fire extinguisher? Why do large contracting firms require a contractor to have sufficient backup capital before taking on a project? Why do banks request collateral before issuing loans? The list goes on.

The core point is that having a adequate reserve or buffer is a fundamental risk management practice across various industries. It's not about keeping the funds in a literal "safe" or box, but rather maintaining a pool of capital that can be accessed if needed, without directly tying it to current operations or growth initiatives.

In the case of banks, most of the capital they raise will likely not contribute to their growth in the short term. However, it will indirectly support the bank's stability and resilience, which can then help attract investors over the long run. The reserve capital serves as a crucial safety net, even if it is not being actively deployed for immediate business expansion.

The analogy to personal safety practices, like keeping a spare tire, highlights how reserve capital functions - it's not meant to be consumed for regular use, but is there as a contingency measure to draw upon if circumstances require it. Maintaining an appropriate level of buffer capital, while also utilizing funds for growth, is the balanced approach that banks need to strike.

leave story

When is Sterling bringing out their results? Who knows?

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

Download I-invest it's a Sterling bank investment platform they pay directly to account. You can get treasury bills of over 20% there and fixed deposits as high as 19%. Commercial papers are there too

maishai:
Oga mi, its better you follow the money, these people have seen the blue print of Nigeria and positioned themselves long ago, once u get the drift it's better you follow the wave
A new tarrig was just approved to make electricity a more lucrative, just watch how 95% of Nigerians will be moved into band A consumers.....

Very true. Most times In Nigeria we test how the masses accepts new change and this is the best way to introduce change because those that were affected are the rich neighborhoods that have up to 20hrs of light, they'll not complain but soon the suburbans will start having such hours and enter the category. This is a beginning of a good business for the players in the power sectors and the beginning of more stable power in the nation. But this development comes with a price which ordinary consumers must cough out.