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 LYN stock market FAQs & Guide, T+3, Dividends, commissions/fees, etc...

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simplesmile
post May 24 2009, 01:11 PM

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Can also explain what is
a. 5 sen dividend less 25% income tax
b. 5% dividend less 25% income tax

In (b), the amount is based on the par value of the shares, which could be RM1.00 or RM0.10.
Also would be great if you can explain the "less income tax" part and going forward will be tax exempt. A little history of the imputation tax systems and its change to the single-tier tax systems in ..... i think 2007, or 2008, may help readers to understand.

Your header "In-dividend date (better known as entitlement date)"
Instead of "in-dividend", maybe you want to use "cum-dividend"?
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This post has been edited by simplesmile: May 24 2009, 01:14 PM

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