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 High Dividend Counters, Better than putting in FD

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repusez
post Nov 22 2014, 06:49 PM

On my way
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Senior Member
669 posts

Joined: Jan 2005
From: Kandang Lembu, KL
hi, is your 12% return for bjtoto already factory in the dividends and share splits
bjtoto payout for div per year
2007 -32sen
2008 - 25.9sen
2009 - 25.21sen
2010 - 20sen
2011 - 25sen
2012 - 27sen
2013 - 22sen
2014 - 22sen

This post has been edited by repusez: Nov 22 2014, 08:16 PM
repusez
post Nov 25 2014, 04:58 PM

On my way
****
Senior Member
669 posts

Joined: Jan 2005
From: Kandang Lembu, KL
thanks for the detail calculation and writeup

QUOTE(wodenus @ Nov 23 2014, 11:34 PM)
Calculation (price adjusted for splits) :

Price at Dec 28 was 4.46.
Price at Nov 21 was 3.50.

Total loss (price only) = 4.46-3.50 = 0.96

End of 2007 there was only one div for 0.0714 (Ex date 26/12, he bought 24/12 so won't be in time for T+3, so no divs for 2007.)

for 2008-2014 = 25.9+25.21+20+14+27+22+22 = 1.5611

Total gain = 1.56-0.96 = 0.60 per share.

Total percentage gain = 0.60/4.46 = 13.45%

So percent gain per year = 13.45/6 = 2.24% per year

Compared with 3% a year for FD, still a loss smile.gif
If you invested Rm9,812 at that date :

2200 shares at 4.46 = Rm9,812

2200 shares at 3.50 = Rm7,700

Total capital loss = Rm2,112

Add brokerage costs = Rm2,112 + 43.26 = Rm2,154.26

Total dividends = 2200 x 1.5611 = Rm3,434.42

Total gain = 3,434.42 - 2,154.26 = Rm1280.16
If you deposited Rm9,812 in FD at 3% p.a :

Rm9,812 Compounded Annually at 3% for 6 years = RM11,716.04

Total gain = RM11,716.04 - RM9,812 = Rm1,904.04
Total difference = Rm1904.04 - 1280.16 = 623.88
*

 

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