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 High Dividend Counters, Better than putting in FD

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cyclone9
post Jan 3 2008, 09:53 AM

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how to calculate dividend?
let say i brought 1000 @ RM1
announce 10% dividend?
how much would i get?
cyclone9
post Jan 3 2008, 10:19 AM

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QUOTE(KingRichard @ Jan 3 2008, 10:11 AM)
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
*
let say par value is 1
so i buy 1000 @ RM1

how to calc? smile.gif
cyclone9
post Jan 3 2008, 10:25 AM

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QUOTE(KingRichard @ Jan 3 2008, 10:23 AM)
eh, thought i gave answer already  hmm.gif  - 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 am

with new budget no  vmad.gif ; previously you can use it as tax credit to offset tax payable
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so it wont calc but the cost of the share but amount of the share rite?

cyclone9
post Jan 3 2008, 10:29 AM

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QUOTE(KingRichard @ Jan 3 2008, 10:27 AM)
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
*
oooo i tot i can get the Dividend Cash lolx
it will reduce the avg price i brought ..oic....
cyclone9
post Jan 3 2008, 10:35 AM

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QUOTE(KingRichard @ Jan 3 2008, 10:32 AM)
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
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if i buy before exdate... i still get the dividend?
cyclone9
post Jan 3 2008, 11:06 AM

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

i'm thinking buying 2 stock to play dividend biggrin.gif any recommendation?biggrin.gif
cyclone9
post Jan 3 2008, 02:40 PM

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QUOTE(Crossbone @ Jan 3 2008, 01:53 PM)
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
cyclone9
post Aug 19 2008, 06:08 PM

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hey
how do i know i will get dividend?
Let say exdate is 01/09/2008
so i must able to have share on hand be4 the exdate?

 

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