NewStats: 3,262,179 , 8,176,350 topics. Date: Sunday, 01 June 2025 at 08:03 AM 6m59

Picky1:




Bros, what's your take on NIDF? Is it a good buy at current price? Long term horizon in view.
Also I will like your comment on which is the best Mutual fund - STANBICIBTC/FBNQ/ARM - to invest on, as per interest rate payment.
Thanks man, and as usual please anyone with a good suggestion is free to comment....knowledge is power!

NIDF is good for income investor.


For mutual funds, it is a league the fund manager with the highest rate this week might be the lowest next week. Just invest with an of the fund managers that have consistent for the past 5 years and above

emmanuelewumi:



To have an investment income that grows every year it is good to reinvest a certain percentage of your investment income.

You can only stop when your investment income is more than 200% of your annual living expenses

That's a strategy

https://doclib.ngxgroup.com/Financial_NewsDocs/40877_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N3.50k


https://doclib.ngxgroup.com/Financial_NewsDocs/40874_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N2.70

Wiseadebiye:
https://doclib.ngxgroup.com/Financial_NewsDocs/40877_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N3.50k


https://doclib.ngxgroup.com/Financial_NewsDocs/40874_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N2.70

Final dividend for Zenith is N4.00 not N3,50. Fair enough.
What happened to GTB?

Wiseadebiye:
https://doclib.ngxgroup.com/Financial_NewsDocs/40877_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N3.50k


https://doclib.ngxgroup.com/Financial_NewsDocs/40874_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N2.70

Reverse gear don start

Agbalowomeri:


Reverse gear don start

Now we know who's boss

Omatek rising

chipa:


Final dividend for Zenith is N4.00 not N3,50. Fair enough.
What happened to GTB?

Proposed a final dividend of N3.50 per share which in addition to the N0.50 per share as interim dividend amounts to N4.00 per share

chipa:


Final dividend for Zenith is N4.00 not N3,50. Fair enough.
What happened to GTB?

Zenith:
Interim (N0.50) + Final (N3.50) = Total (N4.00)

GTCO:
Interim (N0.50) + Final (N2.70) = Total (N3.20)

Wiseadebiye:
https://doclib.ngxgroup.com/Financial_NewsDocs/40877_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N3.50k


https://doclib.ngxgroup.com/Financial_NewsDocs/40874_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N2.70

The final dividend for GTB is N3.20k not (N2.70k) This is not so bad but a little bit over priced.

chipa:

The final dividend for GTB is N3.20k not (N2.70k) This is not so bad but a little bit over priced.

Do you realise that Zenith Bank (Just a single banking entity) selling at a lower stock price is paying 25% more in dividend than GTCO (a Holding company)?

Wiseadebiye:
https://doclib.ngxgroup.com/Financial_NewsDocs/40877_ZENITH_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N3.50k


https://doclib.ngxgroup.com/Financial_NewsDocs/40874_GUARANTY_TRUST_HOLDING_COMPANY_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Final Dividend: N2.70

Qualification and Payment dates?

leparj:


Qualification and Payment dates?

https://doclib.ngxgroup.com/Financial_NewsDocs/40878_ZENITH_BANK_PLC-ZENITH_BANK_PLC__CORPORATE_ACTION_FINANCIAL_YEAR_2023_CORPORATE_ACTIONS_APRIL_2024.pdf

GSK Begins Payment of N17.42 Per Share to Minority Investors
https://businesspost.ng/economy/gsk-begins-payment-of-n17-42-per-share-to-minority-investors/

NGX Group CEO Temi Popoola Emerges New CSCS Chairman
https://businesspost.ng/jobs/ngx-group-ceo-temi-popoola-emerges-new-cscs-chairman/

Unlisted Securities Market Grows 0.39% in Week 14
https://businesspost.ng/economy/unlisted-securities-market-grows-0-39-in-week-14/

Popoola s Ethiopian Securities Exchange Board After NGX Group Investment
https://businesspost.ng/economy/popoola-s-ethiopian-securities-exchange-board-after-ngx-group-investment/

NNPC Owes Oil Marketers $3bn Fuel Subsidy Payments
https://businesspost.ng/economy/nnpc-owes-oil-marketers-3bn-fuel-subsidy-payments/

dipoolowoo:
GSK Begins Payment of N17.42 Per Share to Minority Investors
https://businesspost.ng/economy/gsk-begins-payment-of-n17-42-per-share-to-minority-investors/

NGX Group CEO Temi Popoola Emerges New CSCS Chairman
https://businesspost.ng/jobs/ngx-group-ceo-temi-popoola-emerges-new-cscs-chairman/

Unlisted Securities Market Grows 0.39% in Week 14
https://businesspost.ng/economy/unlisted-securities-market-grows-0-39-in-week-14/

Popoola s Ethiopian Securities Exchange Board After NGX Group Investment
https://businesspost.ng/economy/popoola-s-ethiopian-securities-exchange-board-after-ngx-group-investment/

NNPC Owes Oil Marketers $3bn Fuel Subsidy Payments
https://businesspost.ng/economy/nnpc-owes-oil-marketers-3bn-fuel-subsidy-payments/

Another payment from GSK?

https://tribuneonlineng.com/just-in-cardoso-sacks-eight-cbn-directors-32-others/

chipa:

The final dividend for GTB is N3.20k not (N2.70k) This is not so bad but a little bit over priced.

Interim dividend of 50k

Final dividend of N2.70k


Total dividend of N3.20k

emmanuelewumi:


Interim dividend of 50k

Final dividend of N2.70k


Total dividend of N3.20k

Excluding tax, is it supposed to be #2.88?

UBA Result out

final Div N2.30

gbengafaro1986:
UBA Result out

final Div N2.30

From EPS of N17.49k about the same EPS with GTB

gbengafaro1986:
UBA Result out

final Div N2.30

Not bad. It has left Access bank and robbing shoulder with GTB. Good one. Appears to be one of the cheapest among the FUGAZ banks.

emmanuelewumi:



From EPS of N17.49k about the same EPS with GTB

There is a news on front page that cbn has blocked the use of foreign currency as collateral for loans again.
Will this law affect stockbrokers like ucap that gives their customers loans backed by dollar investment with them?

Gurus.... UBA don land o

https://doclib.ngxgroup.com/Financial_NewsDocs/40882_UNITED_BANK_FOR_AFRICA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

emmanuelewumi:



From EPS of N17.49k about the same EPS with GTB

Meaning all those EPS from them na audio .
From next year, na to begin deduct N12 from the declared full year EPS of FUGAZ and have my peace.

emmaodet:


There is a news on front page that cbn has blocked the use of foreign currency as collateral for loans again.
Will this law affect stockbrokers like ucap that gives their customers loans backed by dollar investment with them?

UCAP stockbroker does not give loan, consumer finance unit of United capital gives loans based on your financial assets


Now read this

gbengafaro1986:
UBA Result out

final Div N2.30

niceeeee

I believe the CBN and the banks know that the profit they made last year is not sustainable due to foreign exchange. But they want to ensure that dividend payments is sustainable so shareholders can maintain their confidence in the banking sector.
This is one sector I am thinking the shareholders cannot meet and vote for 90% profit share from the EPS.
Cardoso is the might man of valour at these times to the banks

FUGAZ dividend yields:

UBA-9.1%
Zenith-8.4%
Access-8%
GTB-5.9%
FBHN-
Uncle Tony really tried for dividend hunters. I think it is a great milestone for them to overtake the like of Zenith and GTB in of dividend yield.

thebargainhunte:
FUGAZ dividend yields:

UBA-9.1%
Zenith-8.4%
Access-0.8%
GTB-5.9%
FBHN-
Uncle Tony really tried for dividend hunters. I think it is a great milestone for them to overtake the like of Zenith and GTB in of dividend yield.

Why spite Access Bank? Wetin then do you

Access Bank yield is even far bigger than GTB and not far off zenith and you say 0.8%

Trading is easy. This is a trade review for GBPJPY, showing how i analyzed the market and currency pair.

Link



https://www.youtube.com/watch?v=5GmCAk2qn_Q?si=k7IAZco8NgI-G-72

Hajicairo:
Gurus.... UBA don land o

https://doclib.ngxgroup.com/Financial_NewsDocs/40882_UNITED_BANK_FOR_AFRICA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

When is the qualifying date for uba?

unite4real:


Why spite Access Bank? Wetin then do you

Access Bank yield is even far bigger than GTB and not far off zenith and you say 0.8%

Nothing o, I made a mistake.