Zenith bank is already paying dividends to shareholders

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Posted by on Tuesday May 15, 2012 11:30:43:

I wish I had bought Zenith bank shares when they offered their i.p.o. and then the offer price was set at . Over the years and even after the stock market's near collapse, the company only shrunk a bit in their share value and it has started rising again. Other things shareholders who took opportunity then had gained were their consistent yearly dividend payments which were high as well
as their stock price.

Zenith bank is already paying mouth-watering dividends
Now it's May and I already know a couple of people receiving their dividend warrant and especially one I know that just got paid N20,000 as dividend. I guess they are others who would be getting over N50,000 to N100,000 as yearly dividends from Big Z. This year's dividend rate is placed at N0.95k per unit and this means that a shareholder who owns about 10,000 units of Zenith bank shares before the closure of their books for the past financial year would be entitled to be paid about N9500. Now they would definitely be some big boys with over 100 to 200k shares of Zenith bank and their yearly dividends would be some kind of cool income.

Real estate business vs Zenith bank shares
Think of it this way, If you invested say N3 in a home and it brings you maybe N300,000 yearly as house rent, how much will that same N3m bring to you if you invested it into Zenith bank shares. If we were considering income based on only dividends for now, then N3m would be able to buy about 200,000 shares at their current price of N15. Now, based on their payment of 0.95k dividend per share, then for the 200,000 shares, you could be making N190,000 as dividend payments if the rate is consistent. yearly. Now considering the fact also that Zenith bank may be a bit under priced being the top bank in Nigeria and the economy is still expected to grow bigger in the next couple of years, Zenith may still have some capital appreciation to as high as N20. So it's also a cool investment that you can do if you have enough capital and just want your money work for you. Investing in real estate for commercial purposes can be a more stressful for of business than investing in Zenith bank shares, so think about it.



Comments:
Re: Zenith bank is already paying dividends to shareholders Reply by Samuel maduako on Friday June 1, 2012 at 24:15:46:

wakeup and jump in zenith bank shares business is already paying



Re: Zenith bank is already paying dividends to shareholders Reply by Eduke Anita on Friday June 15, 2012 at 6:55:47:

Good day. My name is Eduke Anita. I would like to make an enquiry on how to get back shares certificate. My late father, Mr stanley Eduke, bought shares for I and my younger brother as at the year 2004. The certificate was sent to us. But along the line when we had issues with our landlord, they through must of our things outside the house and we couldn't find most of our things and the dividend certificate. I would like to get details on how to get my lost certificate. Thank you. Thanks for your solidarity.



Re: Zenith bank is already paying dividends to shareholders Reply by Adeshina Ruth Arike on Tuesday July 17, 2012 at 15:20:30:

Re:non payment of dividend

Hello sir,I have not received my dividend since 2010. And I use to receive it before on this address - 38, warehouse road, Apapa and I did not change my address. My warant no. is 318015

I shall be grateful if something can be done about it



Re: Zenith bank is already paying dividends to shareholders Reply by Felix Okoli on Tuesday July 17, 2012 at 15:20:30:

I think you should pay a visit to your company registrars ie Zenith registrars. They would be able to help you with unpaid dividend


Re: Zenith bank is already paying dividends to shareholders Reply by ABAYOMI IDOWU on Tuesday July 24, 2012 at 4:59:22:

I bought 1000 units of zenit bank public offer of year 2004 and i equal have my certivicate intact,i do received share bonus certivicate and notice of dividend payment but since the year 2004 i have never claimed any of the dividend.this is my question.is it possible for me to received those on claimed dividend ? If yes, what must i do to get my dividend.thanks



Re: Zenith bank is already paying dividends to shareholders Reply by Felix Okoli on Tuesday July 24, 2012 at 4:59:22:

I think your company registrar can pay you your outstanding dividends so far. Give them a visit


Re: Zenith bank is already paying dividends to shareholders Reply by Ogah Esson on Tuesday July 24, 2012 at 21:54:56:

I bougth one thousand unit share with zenith bank since de past five years and wishing to sale it out. Pls, where n how to sale it out?



Re: Zenith bank is already paying dividends to shareholders Reply by Felix Okoli on Tuesday July 24, 2012 at 21:54:56:

Simple visit a securities company or your stockbroker and apply for sale


Re: Zenith bank is already paying dividends to shareholders Reply by Akoh Christopher on Monday July 22, 2013 at 13:4:45:

I bought zenithbank share through public offer. My share certificate no.160146 and account no.339267. I have not received any dividend since then. Kindly update me through my present address: St, Rita's Catholic Church , Unity Estate, P.O Box 505, Mararaba, Abuja or through my email caakoh@yahoo.com please.



Re: Zenith bank is already paying dividends to shareholders Reply by Felix Okoli on Monday July 22, 2013 at 13:4:45:

It is not a big problem. Just visit the office of Zenith bank registrars and they'll rectify it for you. Maybe you changed your address or your address was not traceable.




Comments:
Re: Zenith bank is already paying dividends to shareholders Reply by Ugochukwu solomon chukwujimbe on Thursday February 19, 2015 at 13:48:33:

Is it posible for me to sell some unit of my shares for example i have about 15266 n what to sel about 10000 if yes what can i do




Re: Zenith bank is already paying dividends to shareholders Reply by Felix Okoli on Thursday February 19, 2015 at 13:48:33:

Yes it is possible to sell your shares within a week. Just meet with a stockbrokerage company.




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