QUOTE(jyeong89 @ May 6 2014, 10:59 AM)
Thanks alot AVFAN!
1.24 cents per share meaning if I bought 1 lot = 1000 units
I would get 1.24*1000 = RM12.4 ?
And also are you using any screener or website to track your stocks?
Sorry for asking so many questions
if a share is priced at say sgd0.82, u pay 0.82x1000 =sgd820+brokerage+misc charges for 1000 shares.
if it comes with div, u get div at stated date, is 1.24 sg cents per share:
1000x1.24/100 = sgd12.4.
if under trust account, there is a minimum charge for div, sgd10, u end up with really nothing.
so, u dun buy 1000 shares, need to buy more to be meaningful.
min buy for sgx is 1 lot or 1000 shares.
this thread is for singapore reits in sgd.
u can consider bursa using rm.
min 1 lot is 100 shares, so cheaper.
bursa, if u open own cds account, no brokerage charge for dividend as the money goes direct to yr bank account.
if about local reits/bursa, can also post questions in myreits thread:
https://forum.lowyat.net/topic/3119344/+1020if u r very new to this, best to sit down with a stock borker and ask questions. local u can call up helpdesks at mbb, cimb, hlb, pbb, they can explain everything to u, incl their trading platforms/sites, own rules n charges.
This post has been edited by AVFAN: May 6 2014, 11:54 AM