African Stock ExchangesΞ

SCBPREF - Standard Chartered Bank (GH) Ltd.

Twitter · Facebook
SCBPREF on Ghana Stock Exchange. Stock analysis for Standard Chartered Bank Preferential Shares including share price chart, dividend and company profile.Stock summary for SCBPREF on the Ghana Stock Exchange

The SCBPREF stock is an irredeemable, non-cumulative preference shares issued by Standard Chartered Bank (Ghana) Limited. History of the bank dates back to 1896 when it began operations under the name Bank of British West Africa. In 1970, the bank was incorporated under the Companies Code of Ghana (Act 179) and it became a public company in 1971. On February 16, 2006, Standard Chartered Bank listed its preference shares on the Ghana Stock Exchange.

SCBPREF0.75 ▪ 0.00 (0%) 10 hours ago
Last Trading ResultsGrowth & Valuation
Opening Price:--Earnings Per Share:--
Day's Low Price:--Price/Earning Ratio:--
Day's High Price:--Dividend Per Share:0.07
Traded Volume:0Dividend Yield:10%
Number of Deals:--Shares Outstanding:17.48m
Value/Turnover:--Market Capitalization:13.11m

Monetary values are quoted in Ghana Cedis (GHS) unless otherwise stated

SCBPREF Market Performance

SCBPREF currently ranks 12th on the Ghana Stock Exchange in terms of returns to investors with a year-to-date return of zero percent. Following SCBPREF are EGL (-0.42%), TBL (-3.85%), and ACCESS (-4.88%). Shareholders were excited that they had gained 10% on their investments when dividends were last paid to them by Standard Chartered Bank (Ghana) Limited. Below is the historical trading trend of SCBPREF, covering up to the last 10 trading sessions of activity.

DateVolumeOpenCloseChange%Change
2017-01-312000.750.75+0.000.00%
2016-11-241,0000.750.75+0.000.00%
2016-08-233000.740.75+0.011.35%
2016-08-102000.740.74+0.000.00%
2016-06-155000.730.74+0.011.37%
2016-05-305,0000.730.73+0.000.00%
2016-05-112000.730.73+0.000.00%
2016-05-063,0000.730.73+0.000.00%
2016-05-043,0000.730.73+0.000.00%
2016-03-112,1000.710.73+0.022.82%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. Ghana Stock Exchange
  3. Malawi Stock Exchange
  4. Nairobi Securities Exchange
  5. Nigerian Stock Exchange
  6. Zimbabwe Stock Exchange

Comments (6)

  1. CarlCarl
    Jan 24, 2016 19:50 GMT

    I'm still confused about preference shares. What is the current value of 5200 SCB preference shares?

    1. Michael KwayisiMichael Kwayisi
      Jan 25, 2016 01:31 GMT

      Preference shares are just like ordinary shares, save for their fixed but higher priority in terms of dividend payouts and liquidation; albeit - under normal circumstances - without voting rights. Re the value of 5200 shares, that would be 0.71 x 5200 = GHS 3,692.

    2. CarlCarl
      Jan 25, 2016 09:01 GMT

      Thank you. Can you also explain what it means if these shares are irredeemable and non cumulative? Does this mean the dividends cannot be reinvested? Is it possible to redeem them at any point?

    3. Michael KwayisiMichael Kwayisi
      Jan 25, 2016 12:55 GMT

      Irredeemable preference shares are shares that have no maturity date and cannot be bought back by the company, which means, the holder will perpetually receive dividends just like their equity counterparts. The non-cumulative part means that if the company should make insufficient profits and so could not pay dividends, it can freely skip those payments without them being carried forward, i.e., the shareholders will permanently lose those unpaid amounts. Indeed, the dividends can be reinvested by buying additional shares, and, yes, you may redeem your money anytime by selling your shares.

  2. FAIZ ADOTEY ISSAHFAIZ ADOTEY ISSAH
    Aug 28, 2016 20:14 GMT

    My grandfather bought shares in 1971 he passed away a few years ago and we found his documents about the shares, how do we go about it, contact me as soon as possible.

    1. Michael KwayisiMichael Kwayisi
      Aug 29, 2016 06:14 GMT

      The GSE didn't trade before 1990 so if he was indeed a shareholder, then he must have been a private investor. In that case, you need to consult a lawyer on how to proceed.

NOTE: You are replying to 's comment. [Cancel]