How do I buy Safaricom shares?

How much money do I need to buy Safaricom shares?

Requirements: Purchase a minimum of 500 shares at 52.5ksh. proof of payment. A Chama, a self-help group, an investment company and a Sacco.

How do I register for Safaricom shares?

HOW TO BECOME A MEMBER

  1. Purchase a minimum of 500 shares at 52.5ksh.
  2. Pay a non-refundable admission fee of 10,000ksh.
  3. Total to pay is 36,500 ksh.
  4. Fill in a registration form and attach a passport photo, copy of ID, copy of KRA pin and proof of payment.
  5. Minimum monthly contribution is 3000ksh.

Can I buy 1 share?

There is no minimum investment required as you can even buy 1 share of a company. So if you buy a stock with a market price of Rs. 100/- and you just buy 1 share then you just need to invest Rs. 100.

How do I buy my own shares?

How can I buy shares in the UK? Open a share dealing account with a broker and fund it with some cash. You’ll need to provide some personal information like your bank details and your National Insurance number. Then you should be all set to buy and sell shares.

Does Safaricom sell shares?

Safaricom floated its shares at the Nairobi Stock exchange through an Initial Public Offer (IPO) in March 2008 at the initial price of Kshs. 5 per share. The share maintained its initial price when it started trading at the NSE oscillating between Kshs. 5 and Ksh.

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How do I buy shares online in Kenya?

How to start online stock trading

  1. Step 1: Understand the trading platform. …
  2. Step 2: Be sure of the type of assets you want to trade. …
  3. Step 3: Select the best online stock trading broker. …
  4. Step 4: Open a trading account. …
  5. Step 5: Select your ideal stock NSE online stock trading. …
  6. Step 6: Choose how many shares you want.

How do I check my Safaricom dividends?

Visit the UFAA website ( https://www.ufaa.go.ke/ ) Search account details using ID number or any other identification used in buying shares. The result will show whether Safaricom has remitted one’s dividend and the year of remittance.

How much is Safaricom worth?

Safaricom controls approximately 64.5% percent of the Kenyan market as at 2020 with a subscriber base estimated at approximately 35.6 million.

Safaricom.

Trade name Safaricom (SCOM)
Revenue KES240.3 Billion (2019)
Operating income KES79.91 Billion (2019)
Net income KES63.4 billion (2019)
Number of employees 6,477+ (2019)

How much do shares cost?

If a full-service broker is used, there will be a fee of 2% of the total trade value, with a minimum commission of $50. The total price of the shares alone is $20 * 100, or $2,000. The commission is $2,000 * 2%, or $40.

Which is the cheapest share to buy?

Detailed overview of the Best stocks below Rs 10 to buy now in India

Sr. No Company Name BSE Scrip Code
1 Vodafone Idea 532822
2 SOUTH INDIAN BANK 532218
3 SUZLON ENERGY 532667
4 RattanIndia Power 533122

Which share is lowest price?

low price shares

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S.No. Name B.V. Rs.
1. Elixir Capital 55.64
2. LKP Finance 241.30
3. B N Rathi Sec. 49.27
4. Mysore Petro 247.98

Which share is good to buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Bajaj Finserv 17,565.70 17,980
Bharti Airtel 712.50 723
Britannia Inds. 3,678.15 3,700
Cipla 909.25 919