You can post questions in specific threads...

BJTOTO
http://forum.lowyat.net/topic/1060611/+1140

REIT
http://forum.lowyat.net/topic/2498000/+760

hi thank you for your input.
i reply according to the perceived knowledge level of the TS.
definitely everyone has to allocate assets differently according to many many conditions, eg current age, current economic situations etc.
but as a whole, someone who would ask for a dividend paying passive income stocks is highly likely to be an investor who is more interested in low risk assets, thus i suggest to look more into cash, fd and bonds as these, as a whole have lower risks compared to stocks. what i mean is to allocate more to these asset classes, and less so in stocks, not moving for and back, though this should also be done regularly according to the bull-bear cycle of different asset classes, eg bonds, stocks, property etc.

everyone who is interested in financial freedom should at least have good theory, this is similar to why we go to schools when we were young.

Bjtoto is good dividend stock, market good or bad ppl still go buy toto

For Reit, can look at Amfirst and Uoareit.

Oh, and take a look at prestariang

Greetings + G'Day,

AMFirst REIT bought over Jaya 99 Melaka in 2012, paid RM378psf. Total = RM 86M .

Source = http://forum.lowyat.net/index.php?act=Atta...post&id=3272791

Have a great day.

This post has been edited by netmask8: Feb 27 2013, 09:57 AM

Some pretty top dividend stocks in Malaysia

Company | Ticker | Sector | Marke Cap (RM '000) | Gross Div Payut Ratio (%) | Price as at Feb 8 2013 | Rolling 4 Qs Div Yield (%)
NCB Holding Bhd | NCB | Port services and port logsitics | 2,116,139 | 174.60 | 4.5 | 16.22
JT International Bhd | JTINTER | Tobacco | 1,687,907 | 188.76 | 6.45 | 13.02
CYL Corporation Bhd | CYL | Packaging, canning and bottling | 47,500 | 163.04 | 0.48 | 12.63

NCB seems to be a very interesting thing company. And they're paying out 42% of profit, and seems to be relatively lucrative. And they've been paying for 10 continuous years, so any reviews on this from anybody else?

I DIDNT NOTICE THIS COMPANY..until today


thanks...need to studying tis compay.

NCB's dividend is not sustainable, sooner or later the dividend is going to be lowered... payout ratio is 174.6%.. where did you get the 42%

4QEPS =39.1 cent
4QDIV = 73 cent

How to be sustainable? Also these high dividend is only for 2011 and 2012 only...before that the dividend is in the range of 30 sen. Don't just look at yield, look at other factors as well...

This post has been edited by gark: Feb 27 2013, 08:06 PM

JTI is consistently paying in excess of its earnings, its not sustainable.

42% of what?

In regards to the main statement, I agree with what you're trying to say, that the company will definitely not be able to sustain the very high dividends for the past couple of years, but looking into history, if the management remains the same and plans to run the company trying to return their profits to investors with such special dividends, coupled with no loss of their fundamentals, then, I think, why not?

Silly me, was confused with the your statement, that 42% of average returns out of their profit after tax fpr the last 5 years.

Dividends are normally from their cash-flow. As long as the dividends are below their cash-generation ability. It's sustainable.

And JTI is generating a lot of excess cash. Which is why the paid the special dividend last year. Their normal dividends are still below their cash from operations.

EPS is not an accurate indicator of a company's ability to distribute dividend, although it is still an important factor. The cash generation from operations is a much more important data.

This post has been edited by skiddtrader: Feb 28 2013, 12:52 AM

Thanks skiddtrader for the heads up

Can i summarize,

If the cashflow > dividend amount given meanz is It's sustainable.

Then we see the yield, i try to browse thru EPS vs Divdent vs Share price more is better or how ?

This post has been edited by felixmask: Feb 28 2013, 10:03 AM

If a company pay off all their earnings and remaining cash bank as dividends, it mean they will not have much leftover for additional expansion or they think that the future prospects is not good hence returning money to shareholders. Usually these are sunset industries (ie. tobacco) or industries which have regulated and can not expand further (NCB) as an example.

For me dividend investing we must look at dividend growth and dividend sustainability as a good criteria to ensure that the dividend increase will outstrip inflation and also the company is capable to continuously invest to grow earnings. For me a company with dividend growth of minimum 5% y-on-y and payout ratio not exceeding 50% is what i am looking for. History shows that company which is continuously growing the dividend will have the best of both dividend and capital gain (ie. Nestle, Dutch Lady, GAb...)

US have a good list of dividend aristocrats (increasing dividend for 25 years continuously) and dividend achievers (increasing 10 years)... anyone have the time to compile this list for Malaysia?

This post has been edited by gark: Feb 28 2013, 10:02 AM

hi gark,

Is this site you meanz ?

http://www.malaysiastock.biz/Report-Analys...-EPS-Stock.aspx

Not just cashflow... but FREE cashflow.

Ie. Cashflow from Operations - Capex = FCF

That is only 3 years.... you free to compile the 10 year list? Will be a great list for all dividend investors...

This post has been edited by gark: Feb 28 2013, 10:06 AM

But difference cash flows and accounting earnings will even out over time.

Buy plant and equipment > cash out in 1 shot, but accounting will depreciate over years
But over the years, the difference will zero

Ini accountant say one must be true.. hahaha. That's why we look at operating cash flow - capex...

This post has been edited by gark: Feb 28 2013, 10:19 AM

Thanks for the clarification gark.