How To Access Stima Sacco Dividend Discounting
The Stima Sacco Dividend Discounting offer allows members of the sacco to access their dividends earlier in advance without having to wait up to the end of the financial year.
You can access the advance dividend payout through the M-Pawa, M-Stima, or Internet Banking platforms, as well as any of their Branches.
But you may be asking, I am a member..What is dividend discounting?
In simple terms, Stima Sacco dividend discounting is getting an advance against the dividends to be fully paid after Dividends Payout. It is usually based on the previous year’s payout and fully secured with expected dividends. You can access up to 50% of the payable dividends and interest rebates.
When is the role out done?
Usually, dividend discounting is usually rolled out between the months of September and early October each year.