U back ?
u got burn forest at Indonesia?

Summit USJ ada h**kers?

U mean the hotel izit

sunwai putra comment: Sunway Putra Mall comment: Went during public holiday, getting less people compared to earlier launch. at 9pm, 80% shops/kitchens already closed

With mall REITs, u really need to monitor...

A prime mall can go dead in a matter of a few years...

Sunway Putra Mall also have early symptoms of disease 

Prime KLCC area office properties + Suria KLCC at net yield comparable to PavilionREIT...next divvy just 1.5 months away...top up!

At this environment, 5% net yield is considered decent lor

U want 6-7% net, gotta go for office REITs like MQREIT and UOAREIT

Historically the rental reversion for KLCC-SS is quite strong, can expect 3-5% p.a. divvy growth

Hello to all sifu here I am newbie to REIT and hope to learn from all of you here.  I have some questions and hope some sifu can help me.

1.  If i buy IGBREIT today at 1.28 and buy 100,000 shares, and dividend is 2.18 cents.  How much I am going to pocket after tax? 

2.  When I read those report they mention ex-date, what does it mean? it means I can get dividend if I buy IGBREIT before a specific date?

3.  I understand that the dividend is pay out based on quarterly basis, so if IGBREIT announce result on 29th July, 2.18 cent dividend, paid on 28th August, can I say that the result is for April - June, but result out in july 29th, dividend only paid in end august?

4.  Go back to Question 2, if ex-date is lets say 15th august, can I buy this IGBREIT on 13th August, get dividend on 28th august?  then sell the stock and put money in 1 month FD, then buy back IGBREIT agai before ex-date? 

thanks all.

Thank you sifu Gark.

OK, so I get bigger picture now. 

So can I say that, I buy igbreit a week before ex date, and get the dividend maybe 2-3 weeks later, and sell the stock later when it climb back to the price before they pay the dividend, looking at the historical chart, the movement of the stock price, in a week or 2 after dividend pay out, the stock price will climb back slowly. 

Then I buy another reit like pavreit which pay dividend quarterly, or other reit which pay dividend in oct or nov. 

Since igbreit dividend pay out is half yearly and on the end of February and August, I just buy the stock before each ex date and use my money on some other reit or stock, does it work that way?

i read somewhere saying we must hold the stock on "record date" which is usually 2 days after the ex date. I am confused on who is correct as there appears to have different sayings in the internet. And for us, the record date is Lodgement date?

ie:
http://finance.zacks.com/happens-sell-divi...idend-1631.html

Eh you are right.. sorry about that, T+3 slipped my mind

Oh no we are arguing again.. why is that nothing to do with T+3? if you can find a way to be on record immediately after you buy it on ex date you should be eligible.

Proof here :

https://www.google.com/finance?q=NYSE%3AED&...qlGzpq4BOb6r5gB

See May 19.. dividend $0.65 declared, what is the price on May 20? and what is the price on May 21? did it drop by $0.65 in any of those days?

Okay.. but what does "both dates inclusive" mean then?

The buyer buy your shares after ex-date won't able to meet the dateline of lodgement data, so rest assure you will get the dividend if you sell after the ex-date.

You need to know why there is a lodgement date.
When you buy share today, the share is not credited into your CDS immediately, it will after about 2 business day, hence lodgement date is always differ with ex-date 2 days.
So whoever buy your share after ex-date will miss the lodgement date, so when share registrar see their book time, you still in the list of shareholders.

DEFINITION of 'Cum Dividend'
When a buyer of a security is entitled to receive a dividend that has been declared, but not paid.

BREAKING DOWN 'Cum Dividend'
Cum dividend means "with dividend." A stock trades cum-dividend up until the ex-dividend date . On or after this point, the stock trades without its dividend rights.

DEFINITION of 'Ex-Dividend'
A classification of trading shares when a declared dividend belongs to the seller rather than the buyer. A stock will be given ex-dividend status if a person has been confirmed by the company to receive the dividend payment.

BREAKING DOWN 'Ex-Dividend'
A stock trades ex-dividend on or after the ex-dividend date (ex-date). After the ex-date has been declared, the stock will usually drop in price by the amount of the expected dividend.

I didn't know BSKL had such a rule.. I don't know whether there's such a rule on the major exchanges, but it's academic anyway since the EOD price on dividend date does not match the dividend.

Just back from 7-11 with popcorn n soda
Hope not too late to catch up the show

So BSKL mandates that a stock should open at a set price on ex-date? what are the implications of that for your average investor?

So suppose I buy a counter which has a good chance of declaring a good solid dividend. I'm not the only one who knows that, so just before the dividend, I buy it and sure enough it goes up. Then I sell it before ex-date because I know it's going to drop. Then I will get my "dividend" before the dividend is declared if I am wrong and it does not go up, I know it will drop by the dividend amount, so I will sell at that price and get the dividend, thus I will break even excluding brokerage (which is really cheap btw.) 

So worst case I break even, best case I make some money. Where's the catch in that?