SetrakusRa:


First bank really do you strong thing

Mankind2024:

Meyer pd N0.3
Seplat pd $0.03 cent or N42

SonofElElyonRet:


Last month I filled at least 4 e dividend mandare forms and sent by email to registrars without bankers confirmation and they were treated. In this day and age of bvn and nin I don't think any registrar still requires bankers signature confirmation

Mpeace:
Got my seplat too. Expecting another by 14th june. Seplat dey try well well

smasher1:


Africa Prudential registrar was the best. I filled the form on their website without a single paper, signed my signature with my phone, uploaded my nin id card and BVN and I was credited at the right time.

emmasoft:


Yes, they paid 3cent and based on the conversion rate, the naira equivalent is N39.3. The normal dividend and special dividend amount to N78.6

smasher1:


Africa Prudential registrar was the best. I filled the form on their website without a single paper, signed my signature with my phone, uploaded my nin id card and BVN and I was credited at the right time.

Adinije:
The best part is that, with African prudential, you don't even need to fill any form sef b4 them credit you. Once you buy any shares of the company they manage, they will add you to the register automatically.

ositadima1:


Very soon, right issues will be flying here and there. If they price them well, it will be a good opportunity to increase shares, hopefully at a cheaper price. Based on my earlier analysis, I think some banks will maintain their dividends even after the upcoming share dilution. Here is the one from FCMB.

SetrakusRa:


UBA following suit. 17% fixed deposit, with Rights issue coming Q3.

FCMB public offer in July

2zona:
Who really spends and utilizes these funds invested on the stock market. Like when I purchase shares of say zenith bank worth 1million naira and my account is debited. Whose account is actually credited and what will that 1 million be used for?? I really want to know please.

2zona:
Who really spends and utilizes these funds invested on the stock market. Like when I purchase shares of say zenith bank worth 1million naira and my account is debited. Whose account is actually credited and what will that 1 million be used for?? I really want to know please.

emmasoft:


The stock market is regulated but a very free market where entry (buy) and exit (sell) is easy.

Just as you came in with 1m to buy that is how an investor came into the market to sell zenith bank shares worth 1m or more.
The 1m you brought in goes to the account of the investor that brought the shares you bought to the floor. The way the money and the shares changes hands that why we have T+3 days in stock market transactions. When a deal isa deal settlement ie clearance is done within three days and the shares you buy sttles in your cscs account while the cash of the seller settles in his/her bank account

DrAkpa:


So it's not like the money used to invest on the shares goes into the account of the company whose shares is being purchased?

DrAkpa:


So it's not like the money used to invest on the shares goes into the account of the company whose shares is being purchased?

lasisi:
Insurance stocks in Nigeria - just like the product they offer are sc4m! Imagine insurance companies with audited result showing200% to over 1000% EPS growth yet declaring no dividend. Thank God I don't have any of them in my portfolio.

KarlTom:
At listing, the money goes to the account of the company.
Subsequent trading activities is simply an exchange of funds and equity between a seller and a buyer...

2zona:
Who really spends and utilizes these funds invested on the stock market. Like when I purchase shares of say zenith bank worth 1million naira and my account is debited. Whose account is actually credited and what will that 1 million be used for?? I really want to know please.

leparj:
Anyone who has sold shares b4 won't ask this Q of where the money goes to.
Anyway, learning never stops.

DrAkpa:


Some of you just decide to dance naked in the market square even without provocation. You wey done learn finish, upload your shares statement of account, so we can see it. Rubbish

2zona:

Lols, you gerrit ? Easy sir. Everyone is entitled to his opinion. For me, I got answers to my question and better enlightened for it. Thanks guys, we moove.

KarlTom:
At listing, the money goes to the account of the company.
Subsequent trading activities is simply an exchange of funds and equity between a seller and a buyer...

2zona:
Who really spends and utilizes these funds invested on the stock market. Like when I purchase shares of say zenith bank worth 1million naira and my account is debited. Whose account is actually credited and what will that 1 million be used for?? I really want to know please.