STOCK MARKET DISCUSSION V125, stimulus, no stimulus, stimulus...
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 Sep 6 2012, 03:45 PM
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#1
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Senior Member
2,991 posts Joined: Jun 2007  
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Check-in. Gimme #28
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Sep 7 2012, 08:45 PM
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#2
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Senior Member
2,991 posts Joined: Jun 2007
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QUOTE(john123x @ Sep 7 2012, 08:18 PM) DRIP stands for dividend Reinvestment Plan. May I ask, for DRIP, is there a transaction cost or brokerage fee for the share you receive?basically, you can have a large portion of entitled dividend given to you in shares. Info from http://www.bursamalaysia.com/market/listed...cements/1060301 Extracted Info: 1. Interim Cash Dividend in which an electable portion of RM0.28 (RM0.21 net of taxation) per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining portion of RM0.04 (RM0.03 net of taxation) per Maybank Share will be paid in cash. 2. (“Price Fixing Date”) at RM8.40 per new Maybank Share example: if you have 1000 maybank shares. You will get 25 extra maybank shares as dividend. 1000x0.21 / 8.40 = 25  |
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Sep 7 2012, 08:50 PM
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#3
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Senior Member
2,991 posts Joined: Jun 2007
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QUOTE(john123x @ Sep 7 2012, 08:47 PM) only RM10 stamp Hasil (get from Post Office) to affix on the DRIP form You mean you have to fill in the DRIP form everytime there's a dividend? If one year 4 times dividend, then have to goto post office 4 times?I read that overseas there's no charges for issuing the dividend shares into your CDS account if you opt for DRIP. So, DRIP is better compared to taking the cash dividend and then buying the same stock because this will incur brokerage fee. |
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Sep 17 2012, 09:24 AM
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#4
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2,991 posts Joined: Jun 2007
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Aiya. No market today. Happy Holidays everybody.
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Sep 28 2012, 05:13 PM
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#5
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Senior Member
2,991 posts Joined: Jun 2007
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QUOTE(GregPG01 @ Sep 28 2012, 04:54 PM) no need pay PERSONAL income tax for 10 years !!! This is GREAT NEWS   |
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Sep 28 2012, 05:22 PM
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#6
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Senior Member
2,991 posts Joined: Jun 2007
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Usually this thread is silent after 5pm. Today thread after 5pm is busier than in the morning.
This post has been edited by simplesmile: Sep 28 2012, 05:23 PM |
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