What is the meaning of the statement below ?

give u any pow lo.... mean dividend

1. For every unit of STAREIT that you hold, you will receive 4.0112 cents in dividend, of which 0.92 is taxable and the rest is not. If you hold 1000 units you will receive about RM36-RM40.

2. This is provided you still own the shares as 2nd Feb 2012 (EX-Date), if you sell it before then the person who bought it will be entitled to the dividend and not you. In addition after 2nd Feb 2012 the share price will be adjusted down accordingly (minus 4 cents).

3. You will only receive the payment of dividend on the 28th of Feb (+ banking operations time)

now i'm clear.Thanks for enlighten me.

sunreit did not announce any dividend for the month of Feb?

Hi, anyone had experience before on requesting replacement of dividend cheque?

recently, i request for Atrium because i didn't receive one of their quarter dividend. then, they send me a letter ask me to pay RM25 for the replacement fee...

last year, i did the same for Hektar too but they didn't ask me for a single cent, summore they help me bank in into my account.

This post has been edited by kiwi_cream: Feb 4 2012, 12:49 PM

Hmm, Is stareit at 0.90 worth the buy now?

Thanks, to make it easier.. If I own 1K share and they giving out 0.057 cent per share dividend, means RM57 / RM1230 = 4.6%?

So my DY% is 4.6%?

Also, how many dividend will REITs generally announce in a year? Quarterly? Half Quarter? Yearly?

Stareit's dividend distribution history

http://www.starhillreit.com/DistributionHistory.asp

Usually Dividend annoucement is twice a year or 4 times a year depends on the REIT

-edited-

This post has been edited by Smurfs: Feb 9 2012, 10:38 AM

if got patient wait a little longer ...... can get cheaper .... but now is 0.895 cheaper also ..... i guess it can go to 0.88 .....

Thanks. Found out TWRREIT announces twice a year, and looking at the performance most likely will give me a return of 9% or so

Can anyone give some insight into why so many property owners are converting them into REITs, effectively selling shares in them to other investors? I know that they standard reply is that they believe that they can generate better returns using the capital this frees up. But really, is it that much better, given that REITs already give quite decent returns? Is there any additional risk to so many new REITs hitting the market and so much more cash infusion into the sector?

Just wondering if there are any potential downsides here since REITs already consist of a rather significant proportion of my portfolio.

Not much of an expert in REITs, but with this, a company essentially gets 10% 'free' money via the conversion while bearing really little risk as their initial capital into the building would have been recouped via the share listing.

This means they can generate the money required to purchase additional properties that enchanted their portfolio and you have to remember those are not a part of the REIT, so in a crude manner, you have just gave me some free loan to buy new things that can get me richer.

Downside to this? Properties are subjected to tenant and rental movement. It is hard to guarantee that a building you hold the REIT for will always have a high tenancy or the area can continue to yield you high rental charges. Also, depending on how you look at it, growth for REITs are slow due to the stable nature of the income generated, so while you can get a good 6-7% returns, some stocks in nature can get you 100-200% returns in sheer matter of weeks (ie harvest)..

I'm just curious about this stock after reading their 2010 annual report.

It states HP rent 43% of the office space at HP towers in Bukit Damansara. If i'm not mistaken HP move their office to Cyberjaya last year. If 43% space is unrented, isn't it loss of revenue to the reits company?

Could someone clarify, is HP still renting the office space at HP towers?

not sure about this but read somewhere before, stating major tenants going to move out reason is they are building their own building and will relocate office. not sure if it's HP cause no name mention on the report. but this is early last year news jor.

TWRREIT hit 1.37 just now, a day before the div ex date.

Year high also for TWR, along with Hektar.

Yar lor... I am one of those sor-chai for buying Hektar at its peak.... @RM 1.37. But today Hektar annouced a 3cts distribution, so my actual cost is RM 1.34.

I still recall I bought my TWREIT @ RM 1.20 abt two mths ago. Now RM 1.37 liao ar? REITS should not behave this way, they are suppose to be like slow and steady wan wor....

But I am not selling it b'coz this section of my portfolio is to give me periodic passive income.

Xuzen