I know Maybank Online Trading will deduct RM2.50 from each dividend u get as their service charge.

To keep track of which counters are dividend, u can check KLSE website here or if you want to research on the historical distributions, go to The Star Online here. You need to hold their shares until their 'Ex-Date' as shown in their announcement. (Note the 'Payment Date' too, not all companies pay right after their ex-date. Some even pay after 2+ months)

Again, like others have mentioned there are sooo many dividend stocks. It's really up to ur investment strategies ie. what is your target return p.a? How much risk you're willing to take? After you have set your investment goals, we can help you narrow down the good stocks.

If i had only 4k, i wouldnt buy such expensive shares like BJTOTO.

If my goal was just to get dividend, no. If i'm not mistaken, sustainable high dividend stocks are usually stable, they dont fluctuate much in relation to the overall market.

If im a speculator, yes Id go for volatile penny stocks.

Since virtualgay mentioned his goal was sustainable dividends, and I'd suggest not buying into only one counter. The reasons are:

1) Diversify, in case something happen to that company. In the case of BJTOTO, Govt may inc taxes, or some states may ban number forecasting thereby some risks there.

2) he mentioned "I am not aiming high.. just enough for me to cover my montly expenses will do...". Buying into 1 counter will pay dividends quarterly/half yearly. But if u really need some cashflow on monthly basis, u can plan(rough estimate) the dividend payout periods accordingly.


I'm still new in this investing field. All the sifus please correct me if im wrong.

Sry about making a very vague statement there about 'expensive'. I did not mean 'over-valued', but more like 'high price' in the sense that the no. of shares you own will be low and its harder to diversify.

I agree with you, companies split shares just to make their share more 'speculation-friendly', similar to wats goin on in KLSE now. Imagine Genting at rm40, resorts at rm23, knm at rm2 - I would think they wont be speculated that much.

Btw, I usually judge the value of a share by P/E and if Im not mistaken that how research houses value shares too. Correct me if im wrong.

To me,
PE around 10, price is normal.
PE at 20 or above, expensive.

Again, all this depends on many factors like the industry it is in, whether its a speculated stock, its fundamentals.


This post has been edited by ks3114: May 2 2009, 05:34 PM

Got a question here about dividends and taxes for REIT.

Withholding tax will be deducted for distributions made to the following categories of unitholders:
Resident non-corporate - 10%

From what I understand, REIT's income are tax-free? But they withhold 10% of the distribution? (I can check from the dividend pay-out slip, but I'm overseas and they sent the slips back home)

Are all REITs single tiered yet?

Thanks.

This post has been edited by ks3114: May 4 2009, 12:17 AM

Its like the cut-off date for the dividends.

Eg. if ex-date is 5th May, people that hold the shares before the ex-date (5th May) will be entitled for the dividend.
Meaning if u own the share on 4th May - You get dividend.
On 5th May - No dividend.

Hope its clear enough. Correct me if im wrong.

KLSE Company Announcements. It is under 'Notice of Book Closure'

The system will only record that u have bought 2000 units and there is a balance of 2000 units in ur CDS account. So when u sell, all they do is deduct 1000 units and pay you for the 1000 units u sold (which is at 1.82).