Lion123:
GTCO dividend don land. Ask me for a bottle of beer when you see me at Pekas in Ikeja tonight
I wan do Zorya before, but lemme save money. So Pekas.

Beer ke?
This one na Mauritius you go carry me go

yeddy99:

madam mercy, are you sure that this dividend is part of madam's portfolio?
bros might have allocated according to what is in each person's portfolio oh.

My brother you sabi how the matter dey go jare.

Lion123:
GTCO dividend don land. Ask me for a bottle of beer when you see me at Pekas in Ikeja tonight
I wan do Zorya before, but lemme save money. So Pekas.

Chai.
Large men are here
But they are coding it.
I am already in a bar.
Drinking ice cold beer waiting
for my own small GTCO dividend.

Lion123:
GTCO dividend don land. Ask me for a bottle of beer when you see me at Pekas in Ikeja tonight
I wan do Zorya before, but lemme save money. So Pekas.

WOW!!! This one pass annual salary, I wan be like you when I grow up!

Gtb just landed. Dividend dey sweet oo.

Lion123:
GTCO dividend don land. Ask me for a bottle of beer when you see me at Pekas in Ikeja tonight
I wan do Zorya before, but lemme save money. So Pekas.

Oh boy!!!! :I
This your GTCO dividend alone na the size of some of us entire portfolio be that oh..

DiarisGod o

9free:

Oh boy!!!! :I
This your GTCO dividend alone na the size of some of us entire portfolio be that oh..

that's how my future FBNH dividend will look like....dividend is sweet.

NAHCO
Quite a lot of transactions, accumulations and cross deals.....
Seems something good is again brewing here or it's Dividend hunting....🤔

Lion123:
GTCO dividend don land. Ask me for a bottle of beer when you see me at Pekas in Ikeja tonight
I wan do Zorya before, but lemme save money. So Pekas.

That is the snowball effects of dividend investing.

Why Pekas na??

Lion123:
GTCO dividend don land. Ask me for a bottle of beer when you see me at Pekas in Ikeja tonight
I wan do Zorya before, but lemme save money. So Pekas.

Jesu!
when will I be like you..

emmanuelewumi:



That is the snowball effects of dividend investing.

Why Pekas na??

Pekas so I can preach salvation to those babes as we bond over beer and Asun.

emmanuelewumi:



That is the snowball effects of dividend investing.

Why Pekas na??

Oga Emma no be everybody don spend 50 years for market o

Agbalowomeri:


Oga Emma no be everybody don spend 50 years for market o

20 years is the break even period, if you are consistent

emmanuelewumi:



20 years is the break even period, if you are consistent

Ahh what do you mean by break even

If you know, you know.


Rental income is overrated as a source of passive income at retirement.

Income is erratic, tenants will owe you, spend money in order to eject tenants, rental income will be used for repairs and maintenance, government will levy you when you renovate the property.

It is damn too lousy


Unfortunately that is the route known by majority of the population

Agbalowomeri:


Ahh what do you mean by break even

The predictable dividend income is capable of replacing your salary or at least equivalent to 400% of your rent

emmanuelewumi:



The predictable dividend income is capable of replacing your salary or at least equivalent to 400% of your rent

Ahh those of us who used the first 10 years of investing inside darkness

Omo Gtbank Dividend don land.

Agbalowomeri:


Ahh those of us who used the first 10 years of investing inside darkness

It is possible if you are chasing fast money, the next 5 bagger

emmanuelewumi:



20 years is the break even period, if you are consistent

3 years down, 17 to go lol

onegentleguy:


Got us some more INTEBREW @ the day low of N4.3 & 4.35 today.
...the 2nd of our 5-batch structured entry trade set-up, but not enough to complete the target. (we need to accumulate a bit more)
So technically, we still have 4 more batch to go.

Like the last time, only problem is the relatively low vol available for exchange at our target peg.
Not much difference in AEP btw our 1st & 2nd batch... so it appears some folks are afraid to sell.

We wait again at below 10% (or a peg we perceive appropriate looking at the pattern of the coys trade book) tomorrow to load more.
As I said before; we shall continue to load more until...

TA should not come and spoil things for us... price has to drop.
You people should sell this INTERBREW I beg of you. ...it's fundamentally unhealthy.
Pls kindly sell more... and I mean it!

Btw, CHAMS tried to close shop today.

It is well

Got us some more INTERBREW @ the day low of N4.45 today.
...this completes the 2nd of our 5-batch structured entry trade set-up so ideally, we now have 3 MORE BATCHES TO GO!

As always, the challenge has been the relatively low vol available for exchange at our target peg, but we are never gonna give up!
I really don't understand why people are refusing to sell.

Well, tomorrow is another day.
We wait again at below 10% or a peg we perceive appropriate looking at the pattern of the coys trade book.
We shall continue to load until price drops to 0.1k.

We love that man Mr TIME!

It is well.

Has anyone gotten the information behind ARDOVA movement?....Still closed on bid@#24.20

Agbalowomeri:


Ahh those of us who used the first 10 years of investing inside darkness

The day I found this thread couple of years ago changed my approach to investing on NSE. I had my own years of investing in darkness which cost me school fees but things are better now. Thanks to all the contributors here and our inhouse live trade analyst @yMcy56.

onegentleguy:


Mr TRANSCORP already opening with a bid size that's almost 2x that from yesterday's close.
Indeed there was a reason for the huge but often "opaque" vol in TRANSCORP in recent weeks.
There's also a reason the vol movement has now followed a less "aggressive trading pattern" even with maximum price rise.
...Implying less availability.

Carefully observe the coys trade book.

Something is going on!

Again, NOT to be inferred as any sought of investment advice.

Meanwhile, Mr TRANSCORP is still doing the work...
Another maximum gain, another huge unfilled vol of over 120M... with a few snipers here and there.

Still playing out that part in italics.

Let's see where it heads to from here.

Again, NOT an investment advice. ...the need for due diligence should still take higher precedence ahead of this post.

It is well.

Ades1:



3 years down, 17 to go lol

It is achievable in 15 years if you are intentional about it

Still waiting for GTB dividend. My bank is Access. Who else hasn't seen alert

emmanuelewumi:



It is achievable in 15 years if you are intentional about it

I am very intentional about this but I have BIG MOUTH! Like 1.5m/month dividends lol. Hopefully I can make it happen in 17 years

Dividend, courtesy GTCo has landed.

I think you understate it when you say overrated.
Like you said, that is what many of us were brought up to know.

emmanuelewumi:
If you know, you know.


Rental income is overrated as a source of passive income at retirement.

Income is erratic, tenants will owe you, spend money in order to eject tenants, rental income will be used for repairs and maintenance, government will levy you when you renovate the property.

It is damn too lousy


Unfortunately that is the route known by majority of the population

Lion123:
GTCO dividend don land. Ask me for a bottle of beer when you see me at Pekas in Ikeja tonight
I wan do Zorya before, but lemme save money. So Pekas.

With this we can do a quick estimate to determine your portfolio holding in GTBANK.

A quick math...

Assuming that V is the vol you hold in GTB, then V x N2.80 (ref: YE, 2022 final div cash flow)= GDA (Gross dividend amount) paid.

Let GDA= y
Then y--0.1y= N4,250,086.04 (Note that 0.1y connotes 10% WHT on the value of y)
So 0.9y= N4,250,086.04
Hence y= N4,250,086.04/0.9= N4,722,317.82222

Therefore y (GDA) which is your Gross div amount= N4,722,317.82222.

But V x N2.80= y (GDA)
So V= N4,722,317.82222/2.80= 1,686,542 unit approximately.
...while you may have bought some of your equity stake in GT post ex-dividend, this gives us a clue of your holding.

1,686,542 unit of GTBANK.
...now that's quite a lot!

I dare say that you have built for yourself a great source of passive income... especially if you also hold similar stakes in other 1st tier banking names and/or blue-chip companies.

Do enjoy your dividend but try not to get intoxicated.

Kudos bro!

Ades1:


I am very intentional about this but I have BIG MOUTH! Like 1.5m/month dividends lol. Hopefully I can make it happen in 17 years

What you sow is what you will reap.


Sow bountifully in order to reap bountifully