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

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.

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.

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 % 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.

Really sad, because me and TopGunn have been discussing about LPI over at your PBBANK thread for 3 days now
I also eyed this counter, but seems too close to the payout, so I am on the losing edge if I chase now.
After the ex-d I might consider buying it for the start of a new FY
What about you? Still got bullet after shooting its brother?

So you are only going to Q tomorrow? Why not today?
The price will go below RM12 ex-d, so I will only pick it up from there.
If you buy now, you already lost almost half of the cake, as most traders already "cashed in" on the dividend long ago.
So if you enter at RM12.60 (dividend of RM0.80 on ex-d), when the price hits RM12.80/RM12.90, those that entered earlier would bail out, causing the price to fall back to around RM12.30, especially with this volatile market.
So assuming the price cum-d is RM12.30, the ex-d price would be RM11.50. In this scenario, you are actually losing (RM12.60 - RM11.50 - RM0.80 = RM0.30, excluding tax).

Second scenario:
If I managed to pick up at RM11.50 ex-d, and I wait for the next FD+SD in January 2009.
Assuming the total payouts for 2008 is still the same (RM1.10), and assuming the price stays above RM12, I am actually profiting RM12 - RM11.50 + RM1.10 = RM1.60 in a year.
As compared to the first scenario, using the same assumptions, you gained only RM12 - RM12.60 + RM1.10 + RM0.80 = RM1.30.

Well, I hope I made it as clear as possible. I might be wrong though, so I may need Cherroy to clarify for me
Hope you don't get confused with all my calculations and bad language structure.

Regards

There is a chance for it to surge to your TP of RM14.00, IF LPI decides to offer payout of over RM1.00 this year.
This rarely happens, just as what happened to DIGI back in October.
News like this will definitely make the price fly.
If my cash can be released by 3rd week of February, then I will definitely buy a few lots on the ex-d for long term.

Hmm, didn't quite sustain for too long right?
Nevermind, your aim is long term, so don't worry short term volatility
Like me, I bought TENAGA at RM10.00, the dropped to below RM9.00, but today went up until RM10.40, but I missed it. If I sold today I can make gain already

Wow, your ang pow must be a lot, close to RM10k?

APOLLO is in my list too. Maybe I will get APOLLO and LPI on the same month. I am also considering to acquire some AMWAY. So I will have 3 high DY counter in my portfolio


Damn, you are fast. Today's high of RM12.90 exceeded your expectation.
Hope your calculations last night comes true. I will still stick to my ex-d purchase, as my money still hasn't come in yet! I may need to do some wealth accumulation first before going into defensive counters.
I have to achieve my target of a gain of RM20k from my investments for this year before going for dividend.

I thought you have bought it today?
Does this mean you are looking to average down on your cost?
Good move, if you have enough bullets for it
I must remind you though, I may buy into it at the wrong time. So if you follow, don't blame me if I made a wrong decision ok?

I'm not sure about APOLLO's sustainability, but I believe they will be looking into more business.
It looks like their products have loyal consumers for that many repeat sales

Even now, AMWAY is already one of the largest MLM company, based on revenue.
But the problem with AMWAY is that they are a net importer from US. So if currency goes the other way around when the business grows, it might have an adverse effect on earnings.
This might be mitigated if they plan to expand and have their own manufacturing plant.
Initial cost might be high, but if their volume increase, they actually save on production cost.
So it drives up their operating profit, which is good for the long term.

Market volatility to continue, so it is still safer to enter after ex-d, when the price will drop at least RM0.80.
It should create a margin of safety for us investors. I am also waiting for 3rd week of next month to enter LPI.

The price for LPI is still stable as of now (10.50), so not to worry.
Just take a look at my TENAGA, I bought it at RM10.00, but few days later big selldown, forcing the price to go down below RM9.00. Until now I still holding, because I believe TENAGA is not so easily beaten down.
We just have to wait for the right time, so no rush

Haha, what a boo-boo. What was I thinking to have typed 10 instead of 12.
My apologies
Today first half was not bad too, at RM12.40.
Maybe we can see a U-turn towards the end?

They paid 2 times? I think something is wrong with your numbers.
This is what I got:

Interim 21-Feb-07 40 sen
Final 29-Aug-07 40 sen

Only 2 payouts for FY07, how come you got 4 payouts there?

Maybank's record is usually 2 payouts per annum, so at current price, the yield is not attractive.
LPI same price, but the current FD+SD already equal Maybank's whole year of dividends.
This is not a good choice

This post has been edited by Jordy: Jan 18 2008, 02:05 PM

Yilai has high DY, but you sure it isn't just a one time thingy?
Another counter that could be a new high DY counter is ZHULIAN.
It is cash rich at RM126 million, and proposed a dividend of 13.5 sen.
At current price of RM1.09, the DY is around 12.4.

It is a MLM company, which has been a household name over at the north and south.
So, they should be able to sustain the high DY.
Might be the next AMWAY too

Yes, it does not matter when or how long you hold the shares, you still get the same amount of dividend.
If you do this though, you could have lost out to those who have held it even longer, because prices tend to appreciate higher when investors anticipate a payout soon.
Buying a stock just before dividend is not doing you any much good, plus you need to consider the 26% tax on your dividend

These non-Syariah stocks are considered stable because their earnings are based on addiction.
That is why they are able to pay out very high dividend yield.
Their prices might not appreciate much because their business is fairly stable, and the risk of higher taxes on them.

BJTOTO is a gaming counter, so it can pay generous dividends because the nature of its business is non-cyclical.
It is meant to say that people will still gamble whether or not the economy is good. So their earnings are stable regardless of economic conditions.
The par value of a company is not important here, because it is only a value stated by the company.

If in cents, it is a direct translation of the actual amount. Example 51¢ means RM510.
If in percentage, it is based on the par value of the counter. Lets say 25% for a RM1.00 par counter, then it is RM250.

That is like what, a DY of 21%?
I think they will be paying a high one-off special dividend
Still, this number is high for the price at the moment.
Wonder how high the price would go after this announcement