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High Dividend Counters, Better than putting in FD
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nofear0720
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 Apr 5 2008, 10:35 AM
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Getting Started
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Hi, Can someone explain to me how to see the dividend paid from the financial annual report. Should I look at the "gross dividend per share" which is 27.0 sen. How to interpret "a final dividend of 14.0 sen less 28% tax per ordinary share of 50 sen"? Does it mean that the dividend paid is 14.0 sen? How it calculates? The same thing for "interim dividend" for example "an interim dividend of 12.0 sen less 28% tax per ordinary share of 50 sen". How it calculates the dividend? These statements are retrieved from Resort 2006 annual report. Thanks  |
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nofear0720
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Apr 5 2008, 11:21 PM
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Getting Started
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QUOTE(cherroy @ Apr 5 2008, 11:32 AM) Interim is meant they give out the dividend in the middle of their financial year calendar. Final mean the dividend is the last given out for the financial year calendar. Gross mean haven't deducted the tax yet. If it is 27 cents gross (with 28% corporate tax, this year 26%) then your paid cheque is 27 x 0.72 = 19.44 cents. But you can claim back the extra income tax paid according to the tax bracket you are in. Just remind, beginning of 2008 financial year calendar, company has to give out dividend based on single tier system already aka in net amount. No more gross or net like previously. So we will get more than one dividend paid in a year depend on the company's profits? Which dividend is actually we should look at in order to judge what is the good dividend paid counters? Gross or the final (and the interim dividend)? Thanks |
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