How much income will I earn after investing One Million cedis (or One Hundred Thousand cedis)?
It will depend on the profits made by the company and dividend payments declared. These two factors influence the price of the shares. Usually declaration of dividend payments causes the share price to increase prior to the closure date of the register( date on which shareholders entitled to dividends are compiled).
What is the minimum amount I need to make equity investments?
It depends on the share price. Share prices ranged from the lowest value of ¢67.00 (CFAO Ltd.) to the highest of ¢29,501.00 (SCB Ltd.)
It is convenient for the investor to purchase at least 10 shares of any equity. Investments are more difficult to monitor when they comprise many small bits.
How long is the long-term?
Since dividends are declared annually, we could give a tentative definition of the long-term of at least a year. However it is possible for capital gains to be realised in a matter of days.
How do I know about the performance of a company? All the relevant details about a company’s performance are summarised in its financial statements which are mailed to all shareholders just before annual general meetings.