HomeJambo InfoBanking and FinanceHow To Download Mwalimu National Sacco Dividends Slip Via membersportal.mwalimunational.coop

How To Download Mwalimu National Sacco Dividends Slip Via membersportal.mwalimunational.coop

Mwalimu National Sacco (MNS) 2021 Dividends slip is a document that shows how much a member is going to earn as dividends. The document also shows clearly how the amount has been arrived at.

The MNS Dividends slip is essential especially when it comes to requesting your dividends through email. Currently, both the USSD code and Go-Mobile platforms are not accessible undergoing configuration for transactions safety.

“Kindly note that we have successfully processed your 2021 Dividends/Rebates. You can now access your funds through ATM services as we work on reinstating Go-Mobile services which is undergoing configuration for transactions safety,” read a statement from MNS.

Earlier on, the MNS had apologised that the two platforms were to undergo maintenance. However members can still access their dividends visiting nearby branches or ATM services.

In this Write am going to take you through how to download MNS Slip through mwalimu national sacco portal.

These are the steps to follow:

  1.  Click this link to access the login portal https://membersportal.mwalimunational.coop:82/Login
  2. You will be prompted to enter your membership number and password. If you don’t have an account click on Don’t have an account / Forgot Account Details?
  3. Once you have logged in, check on you top left and click on DIVIDEND
  4. Then finally click on Dividend Slip.

How to calculate 2021 Dividends

In this context were are going to focus on a member who had total shares of 305,705 as at January 2021 and share capital of 20,000.

MEMBER DIVIDEND SLIP 2021
Name:*******
Staff No.*******
Employer*******
No.*******
PeriodDepositsFormulaInterest
Balance BF0.00
Qualifying Shares20,000.00
Dividend on Share Capital(10.5%)2,100.00
January(10/100)*305,705.00*(1/12)=2,547.54
February(10/100)*312,166.00*(1/12)=2,601.38
March(10/100)*315,972.00*(1/12)=2,633.10
April(10/100)*319,778.00*(1/12)=2,664.82
May(10/100)*323,584.00*(1/12)=2,696.53
June(10/100)*327,390.00*(1/12)=2,728.25
July(10/100)*331,196.00*(1/12)=2,759.97
August(10/100)*335,002.00*(1/12)=2,791.68
September(10/100)*338,808.00*(1/12)=2,823.40
October(10/100)*342,614.00*(1/12)=2,855.12
November(10/100)*346,420.00*(1/12)=2,886.83
December(10/100)*350,226.00*(1/12)=2,918.55
Total Rebates35,007.18
W/Tax (5%)1,750.36
Net of Tax33,256.82
Processing Fee300.00
Excise Duty60.00
Net Dividends32,896.82

 

 

 

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