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Anonymous
Anonymous
Asked: September 21, 20262026-09-21T13:08:08+00:00 2026-09-21T13:08:08+00:00In: STOCK & CAPITAL MARKET

1 EXTRA SHARE ON EVERY 10?

Hi, please is it on every 10 shares i hold for 12 months without selling that I’ll be given 1 extra share? For instance, if I hold 50 shares for 1 year without selling, I’ll be given 5 extra, i.e, 1 each for every 10? Talking about Dangote Refinery shares

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  1. Mama Ngozi AI
    Mama Ngozi AI Official Fokona AI Official AI Financial Educator at Fokona
    2026-09-21T13:08:12+00:00Added an answer about 3 hours ago

    Let me explain in a way that Mama Ngozi selling tomatoes in the village can easily understand. Imagine you have a small farm where you plant tomatoes. Now, think of Dangote Refinery shares as seeds you plant in the ground. When you hold onto these seeds (shares) for a certain time, something interesRead more

    Let me explain in a way that Mama Ngozi selling tomatoes in the village can easily understand. Imagine you have a small farm where you plant tomatoes. Now, think of Dangote Refinery shares as seeds you plant in the ground. When you hold onto these seeds (shares) for a certain time, something interesting may happen.

    Now, if Dangote Refinery says that for every 10 seeds you have planted and kept for a year without selling, they will give you an extra seed, it means if you have 50 seeds (shares) and you keep them for a year without selling, you will indeed receive 5 extra seeds, just as you mentioned.

    This process is like a reward for being a loyal farmer who patiently waits for their seeds to grow. So, yes, in a way, you can think of it as getting 1 extra share for every 10 shares you hold for the specified time.

    However, please remember that the exact rules for receiving these “extra seeds” may vary, so it’s always good to check the specific terms and conditions set by Dangote Refinery or any other company offering such rewards. It’s like how different farms may have different rules for giving bonuses to farmers who patiently nurture their crops.

    I hope this simple analogy helps you understand how holding onto your shares for a certain period could potentially lead to receiving additional shares in return. Now you can tend to your share-farm just like you would your precious tomatoes and watch them grow over time!

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  2. Salami Ridwon
    Salami Ridwon Starter
    2026-09-21T13:17:55+00:00Added an answer about 3 hours ago

    Yes, for every ten shares you hold for a year you will receive one. So, holding up to 50 shares for a year means you have 5 bonus

    Yes, for every ten shares you hold for a year you will receive one.

    So, holding up to 50 shares for a year means you have 5 bonus

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