• NEWS HIGHLIGHTS:
  • We featured on property show:View episode here www.youtube.com/watch?v=0WxvSDk3E3I&feature=youtu.be
  • Commercial plots available at Kikambala  @kshs 1.5 million only
  • 3 Bedroom Luxury Maisonette on sale @9.5million Few Units remaining. Located in Syokimau 3.5 Kmsoff Mombasa Road from JKIA Resort on Wananchi Road
  • Juja Land now available @635,000/-  price includes: title deed,murram road,fencing.....
  • Stima Investment won the highest returns in the country,Highest saving per member in investments and Best Co-operative in house and land projects at 2014 ushirika day celebrations!!!
  • Vipingo land on sale 1/4 acre @ 2.5 million, Kakamega Land on sale 1/8 acre @ Kshs 450,000/=, Juja Land on sale 1/8acre @ Kshs 635,000 keep visiting for more land offers.....
  • More Updates coming soon, Keep on visiting our website for more information. Thank you.
  • We have developed Stima Village, that has Luxury Maisonette for sale, few units remaining. Located in Syokimau
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Stima Investment Co-operative Society Ltd
P.O.Box 75629 - 00200, City Square, Nairobi.
Stima Investment Plaza, Mushembi Road, Parklands
Mobile No: 0713 905195 / 0731 298917
Email:stimainvestment@stima-sacco.com
         info@stimainvestment.co.ke

 

INVESTMENT IN SHARES AND MONEY MARKET

The Society invests in the Kenyan money market through the Nairobi stock exchange. Currently the society own shares in the following companies, Cooperative Insurance Company of Kenya, Safaricom, NIC bank, KenGen, National Bank of Kenya, Kenya Commercial Bank, HFCK and Co operative bank

The Society is evaluating investing in off shore and fixed income securities as an alternative area of members’ investments subject to availability of funds. In the money market, the society is looking to invest in cash and demand deposits, commercial paper, Government securities e.g. treasury bills and bonds.

DIVIDEND CAPITALIZATION

Due to the continued increase of the need to have many projects, there has been a continued need for capital injection into the Society and this is witnessed by the continued deduction over the last 8 years. To increase the funds available for investment, the delegates approved re- capitalization of dividends by members for the next three years at the rate of 50% on the dividends declared.

This will assist the Society reduce on the huge outflows experienced each end of the year but more so increase the wealth of the members. Below find a tabulation of the growth in income if the Society had implemented the policy since 2008.

Profit Growth for the period

  Year    Amount ‘Kshs m’     Dividend Rate ‘%’

  2008                    15.33             8

  2009                   11.84              5

  2010                    26.73          10

  2011                    24.85           8.7

  2012                   47.90           12

              2013                    94.97           20