The Crime Alert Security Network has revealed the days in which their shareholders would have the payment of their dividends.
The Image Maker of the organisation, Jumoke Akinwale revealed to Reporters At Large on Monday, in a phone conversation.
According to Akinwale, “What the payment of dividends means is, we are currently paying the last batch for 12th March, that is those that received their last payment on 12th March, and those that invested on 13th March; and during the lockdown. We actually have some clients that came to the office to invest on the 27th of April, so we merged the three dates together.
“That is those that received their last payment on 12th March, those that did their new investment on 13th March and those that invested during the lockdown (27th of April)”.
Akinwale added that “We actually started the payment last week which happens to commence of Monday (last week Monday); we ought to have finished it on Friday, but due to the break that we had on Thursday and Friday, it was affected, so the last set of the batch will be paid today which is Tuesday, and then we’ll proceed to those that received their last payment on 13th March.
“Those that did their new investment on 16th March, and those that invested during the lockdown which is 28th of April; so that’s what we are commencing on Wednesday possibly, so we are going to start paying them on Wednesday or latest by Thursday. So, that’s what it means for those people who received their payment now”.
“So, the way we do it in our organization is that; for example now, maybe I was paid on 12th March, that is the last payment I received happens to fall on 12th March, another 30 working days counting begins the second day, which will be 13th March”.
“That’s the reason those who invested on 13th March and those who received their last payment on 12th March were actually paid together”.
“And if we’re going to look at it for those that are receiving their payment (those that invested during the lockdown which happens to be on 27th of April); for example, assuming there was no pandemic, and there was no changing of the policy which happens to be 60 working days, those that actually invested on 13th March and those that received their last payment on 12th March, there are 30 working days then, it’s supposed to be on the 27th of April (assuming there was no lockdown or pandemic break)”.
“So, that’s the reason they were merged together, you see the rows (12th March for last payment, 13th March for new investment and 27th April for those that invested during the lockdown). So, thank you very much, sir,” Akinwale concluded.
