The time has come again when shareholders look up to their various companies hoping dividends would be paid. Dividend investors are also looking for dividend stocks on the Ghana Stock Exchange whiles other type of investors hope the profits would be plough back for the growth of the companies. This is the time where preference shareholders get paid first before the ordinary shareholders.
Some companies on the exchange are planning for their Annual General Meetings (AGM) and hoping to pay dividend for the financial year. Let’s take a closer look at what directors of those companies have decided to pay.
Companies
|
Dividend per share(GH cedis)
|
Payment Date
|
Standard Chartered Bank (SCB)
|
3.05
|
May 31, 2012
|
Ecobank Ghana (EBG)
|
0.24
|
May 18, 2012
|
Benso Oil Palm Plantation (BOPP)
|
0.0690
|
June 29, 2012
|
SG-SSB
|
0.04
|
April 30, 2012
|
HFC Bank (HFC)
|
0.022
|
May 14, 2012
|
Trust Bank Limited (The Gambia) (TBL)
|
20 butus
|
April 12, 2012
|
PBC Ltd (PBC)
|
0.0173
|
April 30, 2012
|
SCB-PREF
|
0.0324
|
March 30, 2012
|
For most of these stocks, the qualifying dates for their dividend payment are in March and April 2012. This simply means every potential investor who wants to enjoy the above dividend payments must buy the shares of those companies and be registered in their books before March or April. SCB, EBG and HFC for instance, have their qualifying dates on April 20th, 19th and 18th, 2012 respectively, therefore investors must note these else would have to wait for another financial year to enjoy dividend payments.
AGMs
Ecobank Ghana ltd, HFC Bank Gh ltd and Ayton Drugs Manufacturing Company ltd planned to go for their Annual General meetings on April 27th, 26th and 5th respectively. SG-SSB limited to have theirs on March 30th whiles Benso Oil Palm Plantation Ltd planned for May 3rd, 2012.
Shareholders must do well to attend these meetings in order to get a better knowledge of the company and its plans for the future.
Keep investing, especially in the Ghanaian financial market.