But, don't u think they will hold under UOA Development rather than inject into the REIT?

Yes, you are entitled to the dividend as long as you bought before the ex-date.

After distribution, share market price will be adjusted accordingly.

Eg. Prior before ex-date closing price is Rm1.00, and it is distributing is 4 cents, next morning indicator opening price will be Rm0.96.

Hi Cherroy, thanks for the sharing. Noted on the price adjustment, appreciate it. Some mental block I have here,

Assuming I invested RM1k @ RM1 per unit (excluding brokerage cost for simplicity) ,I invested 5 business days before the ex-date and the interim distribution is assumed to be tax-free 4 cent per unit for 1H 2015. Can I say my distribution entitlement for 5 days will be roughly ( RM40 * 5/180 day) = RM1.11.

Is the distribution supposed to be calculated this way (apportion method) for those who came in half way since last distribution to the next distribution date?

On the ex-date, assuming the price did not change from my investment price of RM1, with 4 cent adjustment, the opening price will be RM0.96 like what you've mentioned.

Since my current 1K unit will be valued at adjusted price of RM0.96 ( equivalent to RM960) and plus the distribution I have received for the 5 days are RM1.11, so my total wealth is RM961.11, it seems like I have made a loss compared to my RM1k investment? is my calculation correct? feel free to correct me. As I am not sure how the REIT manager account for distribution for investor who came in half way.

No, you get RM40 full.

You can read the FAQ section, https://forum.lowyat.net/topic/1039913
if not well verse how the stock market works.

There is no such calculation of holding 5day you only earn 5day dividend :

"Can I say my distribution entitlement for 5 days will be roughly ( RM40 * 5/180 day) = RM1.11. " is wrong assumption

Dividend Stock or Reits don't PRORATE anything once declare- important you hold the reits before ex date entitlement.

reits not fast way earn profit.

You need to keep for certain timeframe to see the result.

This post has been edited by felixmask: Jul 28 2015, 05:54 PM

Thanks for the link, I will check it out again

IGBREIT 4.47 sen divvy (4.4 sen@10% WHT, 0.07 sen not taxable)

At last closing today of RM1.29...6.2% NET yield

Such nice divvy, why today kena sold down 3 sen

Hi Felix, Thanks for pointing out on the calculation. I will read the link provided by cherroy for more understanding.

Noted that REIT is not a fast way to earn profit, and need to be kept for a certain time frame, fully agree.

Since some of the REITs are going to declare interim distribution soon, I will check out my statement as well to rationalise my understanding on distribution.

Thanks again

market down la bro.. TS Muh & Co got "sacked"

Aunt Yellen spook investor with her Scary story again.

Fed Meeting today ; tomorrow Fed made Headline at CNN or BBC

http://www.federalreserve.gov/monetarypoli...mccalendars.htm

tmr gap up lo...

Don't worry..last time im also dummies.. same way you go thru FAQ sharing by Cherroy sifu.

How can u not love this REIT?

IGBreit

Today busy, never expect down to 1.29. Don't know tomorrow still can get 1.29 or not

What time earliest can key in ? 12.00am ?

Now already can key in lar...

Nice one Igb. Will pavilion do the same magic? Let's see

They better do, at current price, PAVREIT is only yielding about 4.8% net. If u ask me, nothing short of 10% improvement in results would suffice.

This post has been edited by Pink Spider: Jul 28 2015, 08:41 PM

igbreit, high yield high growth, how not to love this?

Keyed in 1.29 and 1.28