I believe most of us will be getting our annual bonus soon, so what do you plan to buy?

Personally I would like to pour the money into high dividend yield counters, I have some in mind, but still haven't decide on which counter to buy.

My personal favourite are MAYBULK & BJTOTO, which one do you think is worth to buy & keep? (for atleast a year or so)

aiyo,

this is simple la.. AXIS or ATRIUM REIT la.. if you solely want dividend..

@Neo18

i read that you have 50K worth of REIT counters ya

i'm thinking of putting into 3 counters, namely 3182, 1295, and 4197...but dang, there's the min. 40bux commission charging next year, guess we'll need to buy in LARGE quantities :S

ya

REIT - 50k
Bond - 40k
Stock - 150k
Structured product - 200k
UT - 80k

but at the moment, i'm losing money!!!

wow almost half a mil there already

3182 - GENTING
1295 - PBBANK
4197 - SIME

hmmm...

I will bet on

pbbank
maybulk
ioi
bjtoto

BJTOTO & MAYBULK, who pays a better dividends?

i have asked a few seniors, they all voted for BJTOTO, i did my searchings, yup, BJTOTO gave a better dividends (Year 2007 itself it gaves 50.5 sens, while MAYBULK gives 30 sens)

BJTOTO is a quiet counter, the price doesn't swing a lot
whereas MAYBULK price has been going up significantly from 3.XX to 5.XX

I'll go for AMWAY. The dividend paid by them is very high. For their Q3, they paid 32.5sen. Now the price is low, better collect some

thanks for sharing, Jordy

looks like another hidden treasure which i missed

30-Nov-07 - 3rd Interim 7.5¢ + Sp Interim 25¢
15-Nov-07 - Interim 7.5¢
03-Sep-07 - Second Interim 7.5¢
16-May-07 - Interim 7.5¢
01-Mar-07 - Fifth Interim 7.5¢

===============================

the price of AMWAY over the past 6 months, why is there a declining?

Pana,

Maybulk dividend is TAX-EXEMPTED.
BJtoto need to deduct 27% tax leh

Maybulk is better actually

oh is it? but even i deducted the 27% tax, BJTOTO still wins

wheres cherroy?.. TA for AMWAY pls.

Pana,

I calculated after tax..

Maybulk 7%
BJtoto 6.4%

my calculation betul kah, i calculate 3 times leh

i'm still confused on this, TAX EXEMPT status..

why do some company dividend, tax exempt, while others have to pay tax?

Might be due to the ex-dividend reduction in price. As you see, they paid out quite a handsome amount of dividend over the few months.
Also due to the quiet trading of AMWAY's shares, you won't see a lot of change in price, if any.
So, that explains it all
On average, AMWAY's DY has been steadily above 9%.
One stock that we should have for recurring income.

Besides AMWAY, you can also consider BAT, GUINESS, CARLSBERG and JTINTER.
They are all paying very attractive and stable dividends due to their nature of business.

don't mind me asking you, how many AMWAY shares do you keep?


ahh tobacco & alcohol counters!

even though got tax
u can claim back ma

exactly

Bjtoto actually was a good counter with high yield. But its inter-company loan (hundred of millions) issue back 2000 (around that time, forget which year already) did make a lot fund managers stay out of this counters last time out. That's why its share hardly much much since after that. It was a Rm7-8 counter back then. The inter-company loan only settled after so many years.

Starting 2008, all dividend no tax liaw, so which one do u think is better dividend payer leh??

I also wanna keep so high dividend yield counters.

Lets buy together, earn together, .....

Those dividend can be tax exempted because it has tax credit or the profit/money derived is from capital/asset appreciation not from business activities.

---

Added on December 24, 2007, 2:33 pmIt actually being taxed more leh, not actually no tax. Kind of mislead if said no tax.

This post has been edited by cherroy: Dec 24 2007, 02:33 PM

thank cherroy..

you are very helpful...

For dividend play, I mixed bag with some Reits counters as well. Bought some more in last Friday and today as well.

Dear cherroy, i heard often about Reits. But do not know what exactly it is, can explain a bit pls?
1. What is this?
2. Buy and Sell is it same procedure as normaly counters?

check this out for what is REIT

http://forum.lowyat.net/topic/479946

and what counters are investors favourite picks

---

Added on December 24, 2007, 2:33 pm

It actually being taxed more leh, not actually no tax. Kind of mislead if said no tax.

[/quote]

I heard with this new "no tax" system, the high income and low income will have similar impact as far as dividend is concern.
"old sytem" low income benefit more.

It hurt the lower income group and beneficiary to top income group. All are taxed at 26% regardless of your tax bracket.

This post has been edited by cherroy: Dec 24 2007, 03:32 PM

Merry X'Mas to all!
Actually...how do you check the 'high dividen yield' counters? Can i refer to the dividen yield (DY) section of stocks quoted from the star newspaper? Shall i look at the PE as well when selecting?

I can see some >10 DY....is this for real? or maybe for that particular years and not consistent? Can you all pls advise me regarding this???

btw....how bout Yilai, Mamee, Hovid and KAF (some high DY as taken fr newspaper).....are these good dividen counters?

Njoy urself today....prepare for the big day again tomorrow! DJ green green grass again....Santa's present!

This guy play only dividend stocks :-
http://www.wealth-trade.blogspot.com/
Take a look of his portfolio.

is Dlady good?
because total dividen give last year was 68sen

any idea let say i buy 1x100 of the amway how much dividen i can get in a year i does not really know how to calculate(tougly from previsous year calculation will do)

Some company did declare some special dividend which is one off, won't repeatable, so becareful of this kind of outliar data. To get consistently dividend throughout, one must look at the dividend that derived from its earning.
Dividend generated from capital gain of asset disposal, capital repayment should be treated as some bonuses, don't take into the primary consideration for dividend yield play. Always look for its earning to see whether the dividend policy is sustainable or not.


Amway gave away 52.50 cents based on last year financial calendar ended 2007 one. So with 1x100, you get Rm52.50 before tax.

I thought it was 55sen ???
19 Nov 2007 AMWAY 3th Quarter Interim Div. 7.5 sen per share & Sp. Interim Div. 25 sen per share 30 Nov 2007 18 Dec 2007 4 Dec 2007
20 Aug 2007 AMWAY Interim Dividend 7.5 Sen 3 Sep 2007 20 Sep 2007 5 Sep 2007
3 May 2007 AMWAY First quarter interim dividend of 7.5 sen per share 16 May 2007 1 Jun 2007 18 May 2007
12 Feb 2007 AMWAY interim dividend of 7.5 sen per share less tax 1 Mar 2007 20 Mar 2007 5 Mar 2007
Add up all of the above....

I was taking in financial year end 31Dec2007 one for the calculation. Not this year.

Oh...That was suppose to be 31Dec2006 not 31Dec2007 as mentioned above...

Opps, may be I messed up already. Too much holiday in between recently. Thanks for the correction.

As of now, I have not invested any in AMWAY as I am still considering if I should invest in these dividend stocks.
Most of my money is invested in lower liners, TENAGA and UT.
If I am to invest in dividend stocks, AMWAY will be my choice

As of next January onwards, no more claiming back on tax unless the company opt to do so.
So, we are actually on the losing edge if we choose non TE counters.

Wht is TE counter?

i doubt you can find a purely TE counter
most of the time the dividends are a mixture of with tax & without tax

Can explain the phrase "TE"?

Tax Exempted

today just got 100x1 of amway...gogint o slowly collect to 1lot....

for friend sake, noway will declare a $12 dividend for every 100share very soon slowly but surely

Please explain, what do you mean?

Beased on record is roughly about January time.....pretty soon i guess...

Take a look of PBB as well, getting very impressive each year on DIV payout...n is coming soon as well....



Attached thumbnail(s)

@smartly

PBB & PBBANK, are they the same?

PBBANK dividends & quaterly report will be announce in 2 weeks time

What i meant here is PBBANK, sorry to make you confuse. I have not make myself clear enough.

thank you!!

The min brokerage fees will eat away at least 20% of dividend. what will happen next year when it might be $40. what will be the dividend yield then?

Why is that the brokerage fee has got to do with dividend yield, my friend ??? This puzzle me.....

Another solid and consistent dividend payout stock couple with good earning . - PANAMY, worth taking a look.

APOLLO FOOD

APOLLO - One of my favourite. Very good DIV indeed....

APOLLO today's closing price, 2.83

averagely they are giving 20 sens dividends annually

addon: if the routine doesn't change, the next dividend should be out in late February 2008, with 10 sens interim dividend

This post has been edited by panasonic88: Dec 28 2007, 05:12 PM

wow i just realised that APOLLO price is so steady man

one straight line, rarely see that

How high is the dividend or returns ?

Apollo shares seldom trade one or only trade a little (10-20 lots x1000/day consider a lot already), that's why you see the straight line.
Financial result and dividend yield are quite steady throughout, another 'boring' dividend counter. Think of this stock before but trade too little make it hard to buy and sell sometimes.

Personally, I would propose they change the name to a more commercial name, Apollo seems a bit strange when you talk to remiser that you want to buy its share.

Me: hello, Mr. xxx (remiser)?
Remiser: Yup, what can I help you?
Me: I want to buy Apollo.
Remiser : ?? (Those not familiar with this stock one, surely will puzzle awhile).


For Reit can check at the Reit thread
http://forum.lowyat.net/topic/479946

Based on current closing price, they carry about 7.+% yield (before withholding tax)

Apollo business is so steady and stable. (No new business model also) So don't expect the price to volatile too much. It's a good stock for collecting dividen.

It's one of the stock that you no need to monitor & worry IF you are trapped on an island for 5 years. Unless we, gave up on eating biscuits.

muahaha,

Remiser: har Appllo? buy from grocery or supermarket biscuit section la

You can also consider Panamy if the price drops below RM11.

For last 2 years the dividen was RM1.15/RM1 share. Interim dividen declared RM0.15 payable in January 2008. This is peanuts tho for a RM11 share.

Last October they declared final dividen of RM1 TE and after price adjustment it was about RM10.70 now it is RM11.70.

To me the dividen payout by Panamy is better than PBBank based on present market price and PB divided were previosly not TE.

well apollo kinda famous for sometime already. even when i was like 6 to 7 years ago already heard in the klse

hw can i get started on all of these things?want to buy these stocks...but not muc idea on how can i do so with the lowest cost?

it's not that hard razorblade, go to any of those investment banks and open a CDS account, they will normally assign a remisier or agent for you.

that's the best way to start, talk to those remisiers, see how you can start with a small capital and what are the right stocks to put your money in.

most of these investment houses have analysts that would constantly let these guys knw the upcoming trend and so on, so you can be a lot more safer that way.

work your way up, put in more money like on a monthly basis and before you know it, you'll get sick and tired of a remisier and you can open an online trading account, with any of those investment banks and trade on your own.

Of course that would need some more experience, so my advice is read up on the stock market learn how to analyse companies, buy some books on these stuff, they work well.

In fact, you could perhaps start by working on some books and virtual share market games to improve your skills.

and of course visit this forum often, all the experts are here, im nt one of them though..

Ps. Investment banks : CIMB, MIMB, Kenanga, etc;

Hope it helps.

That's why I had kept it for 7-8 years now.
(To be honest, I also forget which year I bought it already, need to search out from the stack of contract note to know, don't bother much already, , should be around 1999-2000)

The tax exemption because it is giving out its reserves cash also got lot of tax credit.

Based on my lastest known, Panamy has about RM7.++/share in cash. It is a cash rich company that's why it able to give out generous dividend in term of special dividend.

Not meant to recommend it, judge your own.

This post has been edited by cherroy: Dec 29 2007, 03:16 PM

Wow...how many PANAMY have you been holding ???? Holding for so long, i guess you must has been gotten back your capital with the generous dividend pay out all these years...Mr. Fatt ler....i wish i had hold that long as well....

Not only he got back his capital, if he bought in early 1999 the share price also appreciated more than 100%. So he got more then 150% returns

The main objective of buying high paying dividen stock is for the dividen and therefore to keep for long duration. As the thread topic mentioned, better then FD

This post has been edited by Gen-X: Dec 29 2007, 08:03 PM

This is the seven years of data for PANAMY...if captured at RM8 seven years back...i believed now whatever you are holding is free units

For dividend stock, it is indeed boring if you want to see price appreciation like those CW movement. Hardly move throughout. Only move when dividend is going to be announcement or announced.

It is a patient game. If a stock is carrying 7%+, after 10 years of holding and getting this kind of dividend, it is basically a 'free' unit already as you already capture all your initial capital back through dividend. Whatever left in the stock price is your gain. That's why don't bother about its share price anymore, as long it still give relative good yield based on the current price, there is no reason to sell it, until its show sign of financial result declining which not able to sustain its high dividend yield.

FYI, Panamy did have some problem of its financial result during around 2003-2004 (can't remember correctly which year), it registered losses at this period due to unprofitability of the washing machine sector which after spin off this factory then it turns into healthy profitibilty level again.

how to calculate dividend?
let say i brought 1000 @ RM1
announce 10% dividend?
how much would i get?

1st depend on par value - if rm 1 then you get 10 sen per share, if par value 25 sen then you get 2.5 sen per share

then you take the amount and then multiply by no. of share - taking your example, assuming par value is rm 1, then you will get rm 100

don't forget, if there is corporate tax, then they will deduct it at source - so if at 27% tax rate, then you get only rm 73

anyway to get the tax back?

let say par value is 1
so i buy 1000 @ RM1

how to calc?

eh, thought i gave answer already - rm 100

assuming the dividend is tax-free, then your average price per share is adjusted to rm. 0..90 (rm 1.00 - rm 0.10)

---

Added on January 3, 2008, 10:24 amwith new budget no ; previously you can use it as tax credit to offset tax payable

This post has been edited by KingRichard: Jan 3 2008, 10:24 AM

so it wont calc but the cost of the share but amount of the share rite?

dividend received = dividend rate per share x no. of share

then you use the amount received and subtract from your share cost to get the adjusted rate

This post has been edited by KingRichard: Jan 3 2008, 10:27 AM

oooo i tot i can get the Dividend Cash lolx
it will reduce the avg price i brought ..oic....

you get the dividend in cheque or transfer into account

i use it in my calculations as a method to reduce my average share price - you can always spend it, and not take it into account when calculating profit/loss

if i buy before exdate... i still get the dividend?

have to buy/shares transferred before ex-date



This post has been edited by KingRichard: Jan 3 2008, 10:53 AM

im pretty newbie in stock ..lol
tq for ur response...

i'm thinking buying 2 stock to play dividend any recommendation?

you guys can take a look at STAR(6084) too

price quite stable and had a good history of dividend payouts

last year 0.40sen dividend mmm
pay on april and october.. consistent...

I guess the key to buy share for dividend is buy more amount of share for smaller price but also pay more than 10% dividend?

This post has been edited by cyclone9: Jan 3 2008, 03:01 PM

that's one thing too look at, but should also look at capital appreciation...otherwise they maybe giving good dividend yields, but share price keep falling...

take a look at yi-lai: one of the highest dividend yields around, at low absolute share price - but the share price has been also steadily falling - so it erodes the dividend gains

compare it with say, maybulk or ytlpower: higher share price but lower divided yield, but has steadily appreciated despite the dividends paid out

you make your decision...

Don't solely look at dividend or dividend yield to decide. There are several major important factors to look at for those high dividend yield stock too:

1. EPS, as EPS is the main source of the dividend, one to look at its EPS whether it can sustain the high dividend payout. Some dividend payout are special (due to asset appreciation or some special gain through asset disposal)which might not repeatable on next year or in the future.

2. Company prospect or future earning, it comes to future earning or EPS as well. As if the company future is good and future EPS will be improving that will only mean higher possible dividend in the future.

Those above 2 criteria are quite important to look at when choosing high dividend stocks. If one particular share has good prospect and EPS is good and sufficient to sustain its current high dividend payout, 90% of the chance, investment in this particular of stock won't go wrong too much.

Most of the time, market is quite efficient to interpret the situation, a stock won't have too high dividend yield as there are tons of people queueing to buy when the yield is attractive enough. If a stock is having too high yield compared to market average then you need to look more in depth into it, why people don't want it? Highly possible people think their future prospect is not good so won't be sustain the previous high dividend payout. Although market sometimes can be wrong, one should always look more in depth about it before commiting.

Just my 2 cents.

This post has been edited by cherroy: Jan 3 2008, 03:48 PM

hahah yalo... apollo bisuit... thats funny..

thanks, dude...

How about PBBank ?

PBBANK is expected to announce its dividend very soon. Watch out for it, i expect a good one from them, take a look at thier payout so far...

Yi Lai has one of the highest DY, based on the previous year, but is the dividend consistent?
Most of the counters have high DY, but are the 'one-off' type, just a gimmick to lure traders eyes.
Maybe a track record of it would reveal the average payout of it?

the % indicated is % of EPS being paid out ke?

BJTOTO is brilliant for dividends. Its even more than PBBank although I would certainly recommend it too. LPI is another stock you can look at. I've done few posts on dividend paying stocks which might interest you. Links are below....

http://klsestockreview.blogspot.com/2007/0...jtoto-1562.html
http://klsestockreview.blogspot.com/2007/0...h-dividend.html

The % payout is calculated based on its par value.
If the counter has a par of RM1 and assuming a payout of 10%, it means a dividend of RM0.10.