My 2 cents wrote:Ericsson wrote:My 2 cents wrote:I wonder whether the banks in 2022 will go back 100% to their pre-pandemic dividend levels. Well except DTB, they would use any excuse not to pay dividends and the pandemic is a great one.
The economy is in a poor shape than pre-pandemic levels.
The economy has been in bad shape for several years, most of which are pre-pandemic. So am wondering if banks will go back to 2018/19 dividend levels.
I see you don't have any interest in kelele ya chura either.
I think the answer for most banks is YES if there isn't another lockdown or shock.
ABSA has indicated as such.
Stanchart paid an interim so it could be back on track.
I&M paid a dividend in 2020 and 2021 but it bought a bank in Uganda in 2021 and there is the matter of 14 Riverside.
Equity's CEO said a dividend is coming.
On DTB, there is pressure on the board to pay a better dividend and I urge ALL shareholders to write to them.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett