Investment

How To Record Stock Dividend In Journal Entry?

A decrease (debit) to Retained Earnings (a stockholders’ equity account) and a rise (credit) to Cash Dividends Payable are recorded in the journal entry to record the declaration of the cash dividends (a liability account). How do you record a dividend payment to stockholders? The stockholders’ equity account Retained Earnings is debited for the total […]

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How To Read Dividends?

Dividend yield is calculated by dividing the annual dividend per share by the stock’s price per share. For instance, if a corporation pays a $1.50 yearly dividend and its stock trades at $25, the dividend yield is 6% ($1.50 $25). What do dividend numbers mean? The annual dividend payments to shareholders represented as a percentage

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How To Receive Safaricom Dividends Via Mpesa?

If you are a Safaricom shareholder and would like to receive your dividend payment via M-PESA, please send an SMS to 534 in the following format: ID Number#Full CDSC account number#Full names, e.g. 12345678#Bxx/B-xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx How do I check my Safaricom dividends? Visit the UFAA website (https://www.ufaa.go.ke/) for further information. Use your ID number or any

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