QUOTE(Hansel @ Jun 5 2017, 04:27 PM)
Bro,... what abt the following expenses which I asked on earlier ?
But if you buy this counter, ECC through a Msian or a an SG broker, there will be custody fees. Some brokerages will impose a certain percentage as fee onto each of your dividend received.
After minussing out the above 'expenses', how much more of the 8.4% net yield which we calculated earlier would be left for our pocket (take home) ?
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May be lower than 14 Cts,....
The custody fees will be a % of the portfolio held in trust, not of the dividend.
I asked my broker. She said NO charges.
AS for dividends, I asked my broker. She said
Charges is 1% of gross dividend up to max of Rm500.