Born Entrepreneur & Schooled Economist. Both an Astute Accountant & Intelligent Investor. Liberal. Corporates Circles & Fintech Corridors. Honestly honest.
Mar 24, 2022 • 12 tweets • 3 min read
9. BAT
This is the irrefutable king of dividend payment. Posted Ksh 6.48bn PAT and will pay a final DPS at KES 53.50 Because it's an established folk it will pay dividends at 82% DPR. Dividend yield stands at close to 13%. Book closes 22nd April.
8. Kakuzi
A non-financial corp, famous for avocado & macadamia, or simply an agricultural dealer. Kakuzi posted over 48% drop in net PAT attributed to the cyclical nature of avocado production to realize 319mn PAT. To pay Ksh 22 DPS despite a 16.3 EPS. DY=5%. Book closes 31/5
Mar 24, 2022 • 9 tweets • 2 min read
A couple of top NSE listed firms have announced their results for the year ended December 2021 and promised handsome dividends. I've made a compilation of a few companies for the common stock operator.
THREAD
1. Stanbic bank
Stanbic posted an impressive 7.2bn PAT a 39% rise from 2022. With an earnings per share (EPS) KES18.23, Stanbic promises a DPS of Ksh 9 Which translates to a dividend yield of 9% on the market price of the share. Book closes business day 20/5
