QUOTE(Gen-X @ Mar 6 2007, 07:25 PM)
RM1K in the meantime put in FD, market drop further can buy 100 shares of PB or even Panamy. where DY better then FD.
hmm mm,... if wanna go for DY wise. Try to make 2.4K something! Nestle paid RM 1.00(as a whole) of dividend for year 2006. That means, buy 100 shares of Nestle with 2.4K. You got RM 100 per year!!!
If for FD is the most by Alliance Bank of 3.8% per year. Effective date: 1st Dec 2006.
FD only give RM 91.20 per year for 2.4K. However, Nestle is RM 100.00!!! Price drop never mind one... Because you won't sell it. What if price increase by years?! Nestle would close also mah... so big big company!!!
edited:
wait... I checked again... Par value is still RM 1.00... Once it proposing to split... your share units gonna increase... Your dividend would be more also. Although it seems impossible for Nestle case. Atleast not those Par value RM 0.10... wait they do share consolidation process. The share units would decrease. This is a disadvantage, for people interested in dividend gains.
Note: I'm not encouraging you to buy share. I posting this just to share with you the dividend advantages. Some people want the dividends, and they are doing it for long term with discipline. This post has been edited by edifgrto: Mar 6 2007, 07:56 PM