Dividend Payments released for some companies on the Ghana Stock Exchange

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.

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