Contact our investor relations department via email@example.com or the Trustco Shares group via WhatsApp to receive all relevant information, forms and a detailed explanation of how the process works.
Yes, you can. You are allowed to have multiple accounts on your individual profile, this is called a portfolio.
Yes. Anyone can open a share investment account including non-Namibians, SMEs, big corporates as well as trusts.
Yes. Contact our investor relations department via firstname.lastname@example.org or the Trustco Shares group via WhatsApp for information on opening a share investment account as a non-resident investor.
There is no minimum age requirement, anyone can open an account. For applicants who are under 18 years of age, the parents or a legal guardian’s consent is required.
Some company’s directors choose to reinvest its profits for working capital, while others choose to distribute some of its profits to shareholders.
It depends on a person’s investment needs: cash dividends provide investors with a regular stream of income, while share dividends are made in the form of increasing the number of shares owned by the specific investor in the company and cater for longer term investment plans.
Dividends received by ordinary citizens in Namibia are exempt from tax. A person not ordinarily residing in Namibia is taxed on dividends from a Namibian source.
This is determined bi-annually after a company finalises its final or interim financial statements.
Your dividends will be paid into your share investment account.
The Trustco Group Holdings share codes are TTO on the Johannesburg Stock Exchange and TUC on the Namibian Stock Exchange.