0.60 per share. You have 5,600 shares.
So, your dividend = 0.60 X 5,600 = $3,360 before tax.
Dreamer
Added on March 2, 2007, 10:08 pmFolks,
There are investment and speculation. You use different criteria for each purposes. Think of yourself as your own money manager. You do not have to only do one thing. The proper balance is to invest (85% to 90%) of your money and speculate/gamble on (10% to 15%) of your money.
(A) For investment, you are looking for (10% to 15) return for year. So, you need a lot of money for you to get rich.
(B) For speculation, you are looking for greater than 30% return per year. It is high risk and high reward. If you win, you do not need a lot of money to get rich.
As your own money manager, you ensure your victory by (A) and if you get lucky, you get rich faster by (B). You do not have to do only one thing.
By the way, for (A), one of the formula that people use nowaday is
GARP -> Grow at Reasonable Price.
(Dividend Yield + Earning Growth) > P/E
For example, assuming company has a dividend yield of 10% and earning grow at 10% per year and current P/E of 10
(10+10) = 20 >> (P/E of 10)
This is a good deal at current price assuming that this company can continue to pay dividend and grow earning.
Don't assume that a high dividend paying share is not growing well either. If you choose wisely, you can find those deal. You just have to be patient and wait for the share to go on sale.
Dreamer
Then that isn't much of a return.
Now it is only slightly higher than FD 3.7%. The public mutual unit trust fund I bought pays a dividend of 4.5 cents but the calculation is different.
It is $0.045 * capital injection (total sum invested) and not units bought.
That translate to a higher return.
I thought blue chips like PBBank should be paying a high dividend but seems like not much at all.