• 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 @9.5 million 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 number of land housing projects at the 2013 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 595,000 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.

 

 

SHARES CAPITALISATION GROWTH

 

Year

Div Amount

Proposed capitalization

Div Rate

Growth in capitalised Shares

Total shares

   

50%

     
   

ksh

     

2006

0

                                             -  

             -  

                                                        -  

                          -  

2007

0

                                             -  

             -  

                                                        -  

                          -  

2008

      15,000,000.00

                        7,500,000.00

        8.00

                                                        -  

     7,500,000.00

2009

      11,000,000.00

                        5,500,000.00

        5.00

                                      600,000.00

     6,100,000.00

2010

      26,659,975.00

                     13,329,987.50

      11.00

                                      650,000.00

   13,979,987.50

2011

      24,850,567.00

                     12,425,283.50

        8.70

                                  2,896,298.63

   15,321,582.13

2012

      47,993,763.00

                     23,996,881.50

      12.00

                                  3,371,708.58

   27,368,590.08

           

Total

    125,504,305.00

                     62,752,152.50

 

                                  7,518,007.20

   70,270,159.70

           
 

Cumulative Growth Due to Capitalization

 
         

 

 

Total capitalization amount

                                62,752,152.50

 

 

         

 

 

Growth due to future payments

                                  7,518,007.20

 

 

         

 

 

Cumulative Rate of growth in shares

11.9805%