Agree with Mr Singh. I got my Guiness at 5 bucks.. its a good time to get in.


ps.. SSA Sardar ji...

Guys help me understand something.

According to MB2u, Digi has a DY of 10%. And paid 228 cents last FY (before tax - to keep it simple use this number).

Digi shares have a par value of 0.10c.

Now if I had 500 shares, 500 x 0.1 x 228 = 11,400c = $114 <-- I get this in dividends.

Assuming I bought the stock for $22, the yield is $114/ 500*$22 = ~1%


Basicly due to the low par value, the returns are much lower say if the par value was $1.

I guess the par value has to be figured when buying stock based on dividends.. So one needs to be
very carfeful by just going by the dividend yield number.

Am i on the right track ?

Thanks Xuzen, I understand the concept of DY.

I'm interesed in whats actually paid out to the shareholder - and how the par price effects this.

Thanks Zuzen & Smartly - I got it now.

In my original calc for digi above, I do not have to multiply against the par price as dividend is per share not per share with par value of 0.10c.