QUOTE(leekk8 @ Aug 27 2006, 10:57 PM)
Maybe I'm conservative. I wish to diversify my portfolio to UT, bond and share. I believe even established bank stock also cant guarantee there's dividend every year. Anyway, I agree with you that buying a bank stock is good and high in return.
Leekk8,
There is no diversification in Malaysia. 50% of KLSE is owned by GLC and GLIC. So, unless you are buying global UT, you are kidding yourself that you are getting any kind of diversification by buying domestic UT.
QUOTE(??!! @ Aug 27 2006, 11:17 PM)
Is it declared div. at 6%? Unless the current share price is at par value, the yield wil be different, depending the acquisation price. A good counter that is generally giving out stable div year after year will probably be having a high PE ratio.
For diversification purposes, defensive stocks like this may be good to pick up on market weakness.
??!!,
I am talking about dividend yield. It is based on actual share price. The share price is around RM6.50 to RM7.00. The dividend for 6 months is $0.20 per share. Look like this year dividend is at least $0.40 per share
RM0.40 / RM 6.50 = 6.154%
RM0.40 / RM 6.75 = 5.296%
Last year dividend is RM0.55 per share. Do your own research and pick the price point that make sense for you.
Dreamer