QUOTE(staggerler @ Dec 21 2009, 09:00 AM)
If you had 10,00 on 1 Jan 2009 and you deposit another 6,000 on 15 Jun 2009 and another 4,000 on 10 Dec 2009you will get Full year dividend for the 10,000 @ 7.5% = 750
and get Jul to Dec or 6 month dividend for your 6,000 @ 7.5% for 6/12 year= 225
you will not get any dividend for your 4,000 as the month is not complete
the basis of calculation of the Bonus for the 1.05% change yearly. I think if you had not kept the investment for more than 5 years you will get less than the 1.05.
I don't think you will get anything for the 6000 and 4000 above.
Depending when you had deposited your 10,000 you may get a varying percentage.
I hope it help
0op...
ASB declared 7.30% dividend and 1.25% bonus for 2009.
This post has been edited by MESTA: Dec 22 2009, 11:55 AM
Dec 22 2009, 01:31 AM

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