My Father's Dividend After 11years Of Investing In Transcorp Shares - Investment

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My Father's Dividend After 11years Of Investing In Transcorp Shares - Investment - Nairaland

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Femi Otedola Sells His Shares In Transcorp / Elumelu’s HH Capital Acquires 25.58% In Transcorp Plc / How To Reclaim My Transcorp Shares Bought During IPO But Didnt Get Certificate (2) (3) (4)

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My Father's Dividend After 11years Of Investing In Transcorp Shares by NetbizBoss: 3:23am On Oct 16

Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

21 Likes 4 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by NetbizBoss: 3:44am On Oct 16

One of the Bank Alerts

1 Like 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by TornApart: 3:45am On Oct 16

This is funny as hell
.. Can't even pay for his tfare

146 Likes 8 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by spinna: 4:06am On Oct 16

Obasanjo era scam..

I remember in early 2000 when my dad bought 2 tokunboh çars with just his Guinness plc shares.

Now same Guinness has been frustrated out of the country

103 Likes 9 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by BuyMeLand: 4:18am On Oct 16

Some company shares are just useless. 11years investment no even reach up to N1k

118 Likes 10 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by thesicilian: 5:16am On Oct 16

He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

125 Likes 9 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Cassandraloius: 5:34am On Oct 16

Very poor

3 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Blitzking: 5:55am On Oct 16

Not good enough...if u see the way Herbert of blessed memory and Tony and his wife buys shares you will realise they buy in billions which is on the High side, but I advise you start from hundreds of thousand of shares to millions of shares. Cos most nigerian companies dividend are in kobos/shares so you need a lot of shares to get something tangible. With the level of inflation it might be worth less for now but when n9geria starts working it will be worth a fortune...

55 Likes 2 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by aieromon(m): 5:59am On Oct 16

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.

The worth of the shares is ₦11,602 at the current price of ₦11.05 per share. What you see is what you get.

BuyMeLand:
Some company shares are just useless. 11years investment no even reach up to N1k

At the time of purchase, share price was less than ₦2. The investment is too little to make a noticeable difference.

40 Likes 7 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by bewla(m): 6:42am On Oct 16

15 years on
My share in Dangote flour am yet to get any royalty

Wema bank
Access bank
Oceanic bank

All this share 1500
Each all follow the owner enter rive

12 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by bewla(m): 6:45am On Oct 16

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

do you have the knowledge of crypto then as now

40 Likes 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by 1x2x3: 7:15am On Oct 16

Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.

Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650

$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)

What about who gambled on BTC?

In 2009 bitcoin was $0.10 cheesy

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400. grin

Only if we can see the future

165 Likes 15 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by otomatic(m): 7:16am On Oct 16

Investment in shares is not set, forget and wake up a millionaire. He bought small units and was not even topping up to increase the units.
Consider the amount he used in purchasing those shares vis-a-vis the current worth of those units while factoring in inflation.

14 Likes 2 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by DiamondsAreFore: 8:01am On Oct 16

Your dividend earnings depends on how much stock you purchased and the class of shares you hold. You can't buy 10,000 to 100,000 ordinary shares and expect to earn a substantial income in dividends.

spinna:
Obasanjo era scam..

I remember in early 2000 when my dad bought 2 tokunboh çars with just his Guinness plc shares.

Now same Guinness has been frustrated out of the country

6 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by twosquare(m): 8:08am On Oct 16

Nigerian shares are for quick sell and so...waiting for years thinking it will amount to anything good is tomfoolery, unlike American stocks. If Papa had changed the money to dollars and left it there in bank sef, he will be in good profits today than the stock. Naira wey dey lose value like pure water. na wa.

9 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by thesicilian: 8:16am On Oct 16

bewla:
do you have the knowledge of crypto then as now

If I did, I'd be a billionaire (at least in naira) by now.

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Allsmilez999: 8:17am On Oct 16

thesicilian:
He didn't buy much shares to begin with, considering the price then in 2013 was just N1.65 per share (from a quick Google search) resulting in a total of N1732.5 for his 1050 shares. That seemed like a trial purchase rather than a solid investment for the future.
If he had put that money into crypto then I'm sure the return on investment would be in millions by now.

These illiterates will not listen to you.

5 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Kaymaxi2222(m): 8:25am On Oct 16

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

how did you go about filing for the returns.....

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Beverlyjean(f): 8:52am On Oct 16

If u use that certificate to wrap 5 pieces of roasted corn...that roasted corn will worth more than that certificate

13 Likes 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by BuyMeLand: 9:00am On Oct 16

aieromon:

The worth of the shares is ₦11,602 at the current price of ₦11.05 per share. What you see is what you get.

At the time of purchase, share price was less than ₦2. The investment is too little to make a noticeable difference.

Stocks and shares are not like MMM.
It takes time to appreciate. Besides, meaningful profit or loss depends on the volume held.

5 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Rexymania(m): 9:06am On Oct 16

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.

Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650

$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)

What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.

Only if we can see the future

Mr calculator, how many shares have you bought this year?

5 Likes

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by aieromon(m): 9:07am On Oct 16

BuyMeLand:

Stocks and shares are not like MMM.
It takes time to appreciate. Besides, meaningful profit or loss depends on the volume held.

BuyMeLand:
Some company shares are just useless. 11years investment no even reach up to N1k

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by successnwa(f): 9:36am On Oct 16

Greetings
Please what investment would you advise one to invest in this present time.

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by successnwa(f): 9:37am On Oct 16

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.

Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650

$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)

What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.

Only if we can see the future

Which investment would you recommend for one presently? Thanks.

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by GreyWolf01: 9:41am On Oct 16

Buying and holding Nigerian stocks and shares is an exercise in futility and a waste of time.

You will do better to buy USD /GBP Foat & Hold.

2 Likes 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Judolisco(m): 9:49am On Oct 16

Wait oh... Na 45 million naira arbi na 45 naira? grin

I buy one afribank shares that year, I think 2005 or 2007..... With d bank oh, with d share oh.... Everything Don dissappear grin

4 Likes 3 Shares

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by sofeo(m): 9:49am On Oct 16

Ooops.

He should have just bought bitcoin/crypto instead, only if he knew.

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by iwaeda: 9:49am On Oct 16

NetbizBoss:
Please I need advice from people that knows about shares.
My Dad bought about 1050 units of Transcorp share in 2013. He lost the certificate so he forget about the shares.
Until the second quarter of this year when someone told us about this link to apply for unclaimed dividends.

https://sec.gov.ng/non-mandated/

My Dad was sick and hospitalized so we help him filled the form online and he signed his signature. After much suffering the share register "African Prudential PLC" finally paid
The following amount into my father's account as the share Dividends per year

2013-N45 (Forty five Naira only)
2014-N54 (Fifty four Naira only)
2015 and 2016 where omitted
2017- N18.9
2018- N28.35
2019- N9.45
2020- N9.45
2021- N18. 9
2022- N47. 25
2023-N94.5
2024- N10. 5

Please Mode help me post this thing on front page to get advise from people. Thank you.

I bought , Africa prudential refuse to send me dividend. grin

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by TheTundeMuniru: 9:50am On Oct 16

Laffs and read comments
grin

1 Like 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by Ishilove: 9:50am On Oct 16

Shey this money reach 100 naira like this??

1 Like

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by fastseo: 9:51am On Oct 16

thats how one wereh was telling me to come n invest in his company... Insurance company bla bla bla.

Nonsense i rather put my money in fixed deposit domiciled in foreign hard currency with low interest rate or buy a FG bond.

2 Likes 1 Share

Re: My Father's Dividend After 11years Of Investing In Transcorp Shares by clarion30(f): 9:52am On Oct 16

In Nigeria, shares are not a good way of maximising profit. It pays you absolutely nothing.

5 Likes 1 Share

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