Sep 22 2010, 12:13 AM
QUOTE(zhi guo @ Sep 22 2010, 12:02 AM)
You are right. I missed the ex-price scenario.
Based on current pricing of Amfirst at 1.18 and expected dividend of 4.88(x2), the current quoted yield is 8.27%.
However, if i buy later at ex-price of say 1.13 and assuming dividend remains at 4.88(x2), the calculated yield then goes up to 8.637% .
Can i say that the more accurate representation of yield is 8.637%? It is the "true" earnings based on one full year of investment?
Thanks.
To be more precise, apart from transaction fee, you need to deduct 10% withholding tax. The "true" yearly earning yield purchase after (ex), say rm 5,000 purchased for 8.637% would be rm431.85 - 10% - (optional some nominee account will charge handling fee rm2.5~ rm5 per cheque)= rm388.67.Based on current pricing of Amfirst at 1.18 and expected dividend of 4.88(x2), the current quoted yield is 8.27%.
However, if i buy later at ex-price of say 1.13 and assuming dividend remains at 4.88(x2), the calculated yield then goes up to 8.637% .
Can i say that the more accurate representation of yield is 8.637%? It is the "true" earnings based on one full year of investment?
Thanks.
This post has been edited by zlyc: Sep 22 2010, 12:27 AM
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