The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AK
This is the measure of the return on the investment and is shown as a percentage. It is calculated by dividing the annual dividend by the stock’s current market price. Example; a share selling at KES 50 and with an annual dividend of KES 5 per share yields 10%
Premium Raid
This is an offer to purchase shares in a company from the current shareholders at a price greater than the market price so as to induce them to sell. The additional amount is the premium and normally the objective is to take control of the company.
Oversubscribed
This is a situation in which the demand for shares in an initial public offering exceeds the number of shares issued. In a bull market, good public issues tend to get oversubscribed.
Takeover
This is when one company makes a bid to acquire control over another company. It can either be hostile or friendly.
Record Date
An issuer of shares establishes a record date by which the shareholders must officially own shares so as to qualify for dividend distribution or entitlements to bonus or rights issues.
Investor Word
Yield
This is the measure of the return on the investment and is shown as a percentage. It is calculated by dividing the annual dividend by the stock’s current market price. Example; a share selling at KES 50 and with an annual dividend of KES 5 per share yields 10%
Premium Raid
This is an offer to purchase shares in a company from the current shareholders at a price greater than the market price so as to induce them to sell. The additional amount is the premium and normally the objective is to take control of the company.
Oversubscribed
This is a situation in which the demand for shares in an initial public offering exceeds the number of shares issued. In a bull market, good public issues tend to get oversubscribed.
Takeover
This is when one company makes a bid to acquire control over another company. It can either be hostile or friendly.
Record Date
An issuer of shares establishes a record date by which the shareholders must officially own shares so as to qualify for dividend distribution or entitlements to bonus or rights issues.