Firstly,NIDF pays a fixed amount per unit not a percentage of your investment and it's pays quarterly dividends (four times a year) Secondly, Dividends are subject to withholding tax in Nigeria (10% deducted at source) You can sell whenever you want through your broker subjected to market price andRead more
Firstly,NIDF pays a fixed amount per unit not a percentage of your investment and it’s pays quarterly dividends (four times a year)
Secondly, Dividends are subject to withholding tax in Nigeria (10% deducted at source)
You can sell whenever you want through your broker subjected to market price and available buyer
Your capital is not guaranteed although NIDF do not usually fluctuate like other stock
How does nidf work in Nigeria?
Firstly,NIDF pays a fixed amount per unit not a percentage of your investment and it's pays quarterly dividends (four times a year) Secondly, Dividends are subject to withholding tax in Nigeria (10% deducted at source) You can sell whenever you want through your broker subjected to market price andRead more
Firstly,NIDF pays a fixed amount per unit not a percentage of your investment and it’s pays quarterly dividends (four times a year)
See lessSecondly, Dividends are subject to withholding tax in Nigeria (10% deducted at source)
You can sell whenever you want through your broker subjected to market price and available buyer
Your capital is not guaranteed although NIDF do not usually fluctuate like other stock