Investment in Shares and Money Market
We leverage our expertise to navigate the intricacies of financial markets. Our commitment to excellence ensures strategic insights and seamless execution for our members. Book an appointment with our sales executive today to explore personalized investment solutions, optimize your portfolio, and chart a course towards financial success.
Shares and Money Market
The Society invests in the Kenyan money market through the Nairobi Stock Exchange. The Cooperative Insurance Company of Kenya, Safaricom, NIC Bank, KenGen, National Bank of Kenya, Kenya Commercial Bank, HFCK, and Cooperative Bank are currently among the businesses in which the society holds shares. Subject to funding availability, the Society is considering offering members a second investment option: offshore and fixed income securities. The public wants to invest in government securities, commercial paper, cash, and demand deposits in the money market. For example Treasury Bonds and Bills.
Dividend Capitalization
The demand for capital infusion into society has been ongoing due to the growing number of projects that are required, as seen by the ongoing decline during the previous eight years. The delegates approved re-capitalization of dividends by members for the following three years at a rate of 50% on the cleared dividends in order to boost the money available for investment. This will not only help the society decrease the large withdrawals that occur at the end of the year, but it will also raise the wealth of its members. A table showing the increase in revenue if the society had followed the policy since 2008 may be found below.
