NEW: Dividend Notice
NICOLNICOLNICOL
Mon - Fri: 9:00 AM - 04.00 PM
invest@nicol.co.tz
Mirambo House 3rd Floor

FAQs

FAQs

FREQUENTLY ASKED QUESTIONS

Why no dividend till now?
Your dividends has paid through your NMB account. Dividend for the year 2016 paid on 8 march 2019 amount 71,250.year 2017 paid on 11 march 2019 amount 74,100.Year 2018 paid on 28 December 2019.year 2020 paid on14 December 2020 amount 28,500.
What are procedures for dividend payment?
A shareholder should fill a verification form attached with an Identification card (ID) and a copy of certificate (s)
Why electronic meeting?
Due to COVID-19 disease outbreak and the whole world suffering from pandemic, we are taking measures to ensure safety of our shareholders by reducing social gatherings and maintaining social distancing.
Why English only?
NICOL has both local and foreign shareholders. We use Swahili and English when communicating with our shareholders.
When have you started to pay dividends?
We started to pay dividends in 2016 until now we have paid four dividends.