Dangote Shares: It Will Take 118yrs To make 100k

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For those of you investing ₦10k or ₦20k in Dangote Refinery shares... do you actually understand what you're doing? Let's assume an 8.5% dividend yield: Your ₦10,000 will give you approximately ₦850 per year; your ₦20,000 will give you approximately ₦1,700 per year. To earn a total of ₦100,000 from dividends alone: it will take your ₦10k investment about 118 years; it will take your ₦20k investment about 59 years.

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