Hi everyone,

Can we start a thread to discuss Dividend Stock?
Any good recommendation aside reits?
Currently, am looking at SCIENTX (4731).......

Here to drop some love for Maybank (that won’t be paying dividend this semi annual hahaha)

Backbone of Malaysia, attractive dividend yield of 6% if I l’m not mistaken. However future growth seems pretty gloomy especially when digital banks are popping up 1 by 1

REITs in general are the bread and butter dividend stocks in Malaysia but curious to see what others prefer

Definitely a great thread to stick around for dividend lovers

thanks for joining & support!

Tenaga gives the highest dividend

Maybank?

A good exercise is to run some back day testing.

1.assume.. say back in 2013. You purchase Maybank for its dividend yields and for a time frame as far back as 2013, how would rate investing in Maybank for its dividends?

You would assume the investor would have made big profit right?

7 years plus of dividends wo.... Sure untung one la

Yes?


Now run and test it based on 2 scenarios assumptions...

1. One was able to invest in Maybank at the cheapest possible price for that year....
2. One was unlucky. Purchased at the highest price of the year.

Wanna guess the result?

I've been a long term dividend investor.. it's been a very rewarding journey but its not very popular in Malaysia since people prefer making a quick buck.

Don't get me wrong, at no point did I ever said Maybank is the best dividend stock, in fact I believe there are a lot more growing dividend stocks that are better worth your money.

Looking back historical data does prove your point, however those are mainly attributable to unavoidable events (hyflux default etc.)

Having said that, historical performance does not 100% depict the company's future performance. It is true, Maybank is a lagging bank supported by the Gov, but that also gives it a special spot in Malaysia as it is heavily supported by institutions.

Ideally, the best dividend stock, in my opinion, have at least some kind of growth in their capital value, while paying out healthy dividends to its shareholder.

You are however, entitled to your opinion. Though I'm sure there's a whole thread of Maybank shareholders over there for such discussion

Well.. here is my honest opinion.

Yup. It was a bad post from me. Guilty as hell.

But the truth is, I had tested the data and even if I was able to magically choose the lowest price possible and purchase Maybank and invest for its dividends... the yield or return is miserable.

And if I am not lucky and I buy at the highest price instead of the lowest price of the year, I could even lose money despite getting the dividends.

This is a point I want to make this point.

Yeah... but hyflux was just a one off event. So what if one invest for its dividends and another hyflux event happen in the future?

And the problem with dedicated threads.. lol.. most just do not want to hear the negatives...

Negatives are risks. Stock market is all about managing the risk. Should one just buy any stock for its dividends and pretend that there is no risk involved? And that there is no risk in dividend investing?

This post has been edited by Boon3: Sep 19 2020, 05:11 PM

Dividend yield at 2%+?? em hai kua...

FPI not a bad company. Dividend stock with reasonable good free cash flow.

You definitely have a strong point there, and I fully agree with you that one shouldn’t be blinded by what’s presented by the company.

In essence, the underlying business model is more important than ever - ability to stay profitable while being relevant as time progresses.

Cheers

So how do we define a "good" dividend stock?

Can recommend some dividend stocks?

i am newbie in klse.... what about the bonus share, not a plus to dividend?

Hey guys, got a question here regarding dividend stock.
For example this company.

I need to buy before before 28/9 (example 27/9) and I can sell after 29/9 (example 30/9)? I will get the full special dividend of 10cent? Meaning that for 200K I will get around 27k dividend (price around RM0.72). Am I right? or is there any special catch? I'm skeptical its gonna be this easy. Appreciate if anyone can enlighten me. Thank you in advance.

An easy one is RCE Capital.. I've been collecting for 2 years plus.

The problem is u are buying at a premium price now, once the div paid, the share price will drop maybe below ur breakeven price.

Bonus share got nothing to do with div, what u get after bonus share is a diluted div/share.

Interesting. In this current situation, I think I would go for Bank stocks.
Earning surely would come back and people who borrowed money will have to pay interest no matter what unless they bankrupt. That's the only big risk.

how is that?

How's the yield?

What about hup seng? The biscuit. The dividend looks high

Invested 500 units in Maybank last week at 7.40, 7.35, 7.32 and 7.30 and the price keeps dropping. Price closed at 7.21 trying to test the previous low. My opinion was that it is a good time to continue averaging down given the grace period of loan repayment is ending soon? Or prove me wrong anyone.

not for my trading style.
i won't invest in a person / product / company / business / stock that is going downhill and pray it will somehow miraculous turn around, instead i would go for a stock that is going up, albeit little expensive than it was.

5%+ and the dividends are rising every year as their profits grow. That is why the company's stock has hit a fresh high despite the pandemic.

Perhaps it's not obvious to some people here, but successful dividend investing relies on identifying companies with growing profits which in turn feeds into dividends. Companies with falling profits may have high dividend yield but these are value traps. And just to chip into the Maybank debate, the main reason why Maybank has gone nowhere over the last decade is because their dividends have been essentially flat over the years.

This post has been edited by Havoc Knightmare: Sep 20 2020, 06:26 PM

I'm looking for this kind of stocks as well. The pandemic has made some really good discounts. I'm eyeing a few REITs and one of my watchlist favourites, Tenaga, has fallen quite a bit in SP. I feel like I wanna move in and take before it rises next year.

I like their 30% - 60% dividend policy.

30% - 60% dividend policy.Where is this stated?

https://www.theedgemarkets.com/article/tnb-...icy-effect-fy17

It was also stated in their 2019 annual report where dividend for that year is around 55%+. But lazy to find

i like

VS
EDGENTA
GENM
BAUTO
PECCA

wellcall? the dividend payout is quite consistent n price doesnt fluctuate much..

not great
i bought wellcal RM2+ 2015
sold RM1.2++ last year

at this point youre better off with UCHITEC for your criteria

Then your wellcall is sell at lost based on your price.

Why not average down?

Since dividend is depend on company performance and cash flow. To be safe, most of the blue chip stocks does affected due to covid so dividend being cut.

If focus on tech and health care, it may give small amount since the company still need the fund to R&D, so dividend collector might not invest heavily in these industry. But some they perform well during the pandemic so give some but we not sure next year or when the covid starts to recover.

I guess to be safe invest relatively large portion in blue chip and small portion in tech or health care stocks. Do not all in and try goreng stock.

looking at things retrospectively, im glad i sold else i would be holding more losses at current share price

no amount of dividend can help me at that point, especially when the company isnt growing

ya.. personally prefer more on capital gain than dividend.. WELLCAL is quite stable for these few months la (moving between 80 n 90sen.. i just trade it for capital gain

Is it because capital gain is faster than dividend and the current economy situation making dividend is not a popular choice?

My simple understanding of choosing types dividend stock

1. If you intent to solely invest in order to get back your payout consistently ,
choose REITS. it is your best friend against inflation risk and most suitable source of passive income

2. If you intent to invest with hope of getting substantial capital gains
choose industry with good history dividend record. imho, plastic and paper packaging do gives out healthy dividend payout

3. If you intent to invest in hoping for capital gain in order to pay a handsome dividend in future
choose tech

why bank is no in the list for now? due to current economic situation

ermm.. like wat pewufod mentioned just now, sometimes, even if the company does provide shareholder the constant flow of dividend, you cant even cover your capital loss n cost of inflation over the time la.
from my perspective, i feel like thr is too many uncertainty if you choose to hold the stock for more than 10 years just for the dividend gain. who know the company turns uncompetitive and become small market player from market leader. ( like nokia?)
just my 2cents
every1 hav his own strategy la..

hello, newbie here. Which tech companies would you recommend to invest?

you have to do your due diligent my friend as one size does not fit all

my criteria would be picking only 3 tech counters
- cheapest in terms of PEG ratio (UWC, MI, FRONTKEN)???
- biggest (Inari, MPI, GLOBE)???
- loudest gossip in the market (UWC, MI, VITROX)???

i think nowadays its abit overpriced, if still interested better do dollar cost averaging

and again, i'm talking about investing, not trading. there is a fine line that differentiate these 2 terms?

How abt Axis Reit?

I think some of the companies, although good but their dividend yield is poor. UWC, Frontken for example are good companies with good capital appreciation but their dividend yield sucks

Not if you buy frontken 2-3 years ago

One thing i notice, stock market is speculation on it's future, not past

Why you buy a dividend stocks? because you speculate that the stocks will give you dividend in future. like it or not, the element of speculating is always there

Back to banking stocks, do you speculate that it will give out good dividend in the coming 3 years? yes? no?

Yes. It tends to focus more on the future. For banking stocks, I don't see good dividends for 2020 and at least 1H2021. Maybe 2022 will be better. But its all speculation at this point in time.