My experience once, the div cheque didn't arrive after payment date passed 3 weeks or so. Give them a call, being asked to write or fax over the details, then after few working days, receive a call from them, they confirm the cheque is returned to them due to delivery issue, verifying with me about details again, then resend, after few days, received.

My opinion, this kind of issue, I don't think need to 'speak to the boss'.
May be some new staff don't know the procedure.
Jusy my view.

I think KLSE should implement fast on direct bank in dividend which has been proposed, make thing easier to all parties. This is schedule to be at the end of 2010, if not mistaken.

Yes . I believe the technology is already there instead of archaic paper based cheque. The overall, efficiency and overhead costs should be minimized. Hopefully, the savings should be passed onto the customers in the long term.

Don't worry, they won't, that provide incentive for them to do so.
In other countries already have such systems in place, just give them your account number and the money can wire to you on the date without miss. No delay, no commission, no lost in transit etc... Just too bad, no pass on of saving...

Nowadays, e-banking already quite established. Online transfer should be adopted.

With a simply few click or directive to bank, money already in your account, instead current method, share registrar or company need
get the cheque printed
seal in envelop
post it
post service need to use train service and manual postman to deliver
after you receive, still need to go to bank to bank in the cheque (which might cost a few RM loss due to parking, petrol, and most importantly time)

Go through a big circle as compared direct bank in.

Without that...
Post office lost business...
Cheque printer lost business...
Envelope printer lost business...
Petrol kiosk lost business...
Local government lost business (guess a lot of them just simply illegally park outside without displaying coupon)...
The impact might be big, for the sake of letting you goyang kaki at home

But pls, bring it on, that had been overdue for long liao

thanks for the feedback.. i will check it on monday.. thanks a lot..

So after final financial report out , which counter is the 2009 top 10 divy eh??

maybulk , jaycorp and litrak still on the rank?

http://biz.thestar.com.my/news/story.asp?f...30&sec=business

This post has been edited by espree: Feb 26 2010, 09:30 PM

Hmm.. I got two hits on this and both are REITs.
CCB @ RM4.16 now compare to RM3.38 then, still worth to buy ?

This post has been edited by whizzer: Feb 26 2010, 10:42 PM

CCB u still get 25% (although previous 30%++) ...but not sure you will still get it or not this half...nobody knows

btw, i wanna know this year top 10...this list is from last year

Those are in the form of special dividend, can be kind of capital repayment or distributing previous accumulated unpaid profit or due to extra-ordinary gain in asset disposal etc, which is not sustainable in the long run, that's why we see although dividend yield is 20-30%, share price doesn't react to lower down the dividend yield. As normal market place, it is very difficult to find a stock that has >10% sustainable yield, because if company actually can give that kind of yield, then share price will go up, which lower down the yield, as everyone will chase to buy the stock already.

Any realistic expectation from the dividend yield is come from annual earning aka EPS from operational business.

We should have a top ten list for consistent DY, but as you mentioned, it becomes a fool errand to track because each time DY goes up, share price goes up. So our list will always be inaccurate & dynamic.

Note: Attached for a sharing is a comparison that I did on the high div counter just to see the difference a few months made. Data obtained from Maybank2u.

This post has been edited by whizzer: Feb 27 2010, 06:31 PM


Attached File(s)
 highdiv.htm ( 16.79k ) Number of downloads: 162

Entitlement Type: Interim Dividend
Entitlement Date and Time: 19/03/2010 05:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2009
EX Date: 17/03/2010
To SCANS Date:
Payment Date: 15/04/2010

Share transfer book & register of members will be closed from 22/03/2010 to 23/03/2010 (both dates inclusive) for the purpose of determining the entitlements

A Depositor shall qualify for the entitlement in respect of:
- Securities transferred into the Depositor's Securities Account before 19/03/2010 04:00 PM in respect of ordinary transfers.
- Securities transferred into the Depositor's Securities Account before in respect of express transfers.
- Securities deposited into the Depositor's Securities Account before 17/03/2010 12:30 PM in respect of securities exempted from mandatory deposit.
- Securities not withdrawn from the Depositor's Securities Account as at .
- Securities bought on BMSB on a cum entitlement basis according to the Rules of the BMSB.
I need to buy this share before 17/03/2010 right to get dividend right? When I can sell it? Can I sell after 20th march 2010 or do I need to sell it after the payment date? I need some help

You can sell it on 17th March itself and still get the dividend.

specific time? before 12pm or sell after 12pm only entitle ? or any time also entitle

Anytime on the 17th, as the price will be adjusted already.

Just found about e-dividend issue, which depositors can provide details after April.
http://www.klse.com.my/website/bm/regulati..._Depositors.pdf

Great ! I wonder if nominee accounts (like maybank2u) are included ?

21. What if my CDS account is held in the name of a nominee?
A. If your CDS account is held in the name of a nominee, the depositor entitled to provide the bank account information for eDividend will be the nominee.

Thanks Obviously, I had failed my speed reading class