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Crossbone
post Jun 23 2008, 09:52 AM

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hi guys,could you help me calculate this dividend?

lets say,if the share has a par value of 0.2,and they are paying out a dividend amount of RM0.06

and i own 1000 shares,how much should i be getting?

is it RM300?
Crossbone
post Jun 23 2008, 11:20 AM

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QUOTE(panasonic88 @ Jun 23 2008, 09:59 AM)
you get RM 60.00 for dividend.
*
mind showing the calculations?
Crossbone
post Jun 23 2008, 01:58 PM

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QUOTE(sabrateur @ Jun 23 2008, 11:31 AM)
RM0.06 dividend per share.
1000 shares: RM0.06 x 1000 = RM60.00

If it is tax-exempt dividend, u get cheque for RM60.00. End of year, you must declare RM60.00 gross and be taxed accordingly.

If it is single-tier tax exempt dividend, u get cheque for RM60.00. No need declare at end of year (not sure about this, but I know no need to pay taxes).

If it is dividend less 26% tax, u get cheque for Rm44.40. End of year must declare RM60.00 gross dividend and claim back/pay extra tax accordingly.
*
but the par value is RM 0.2

shouldn't it be calculated differently?
Crossbone
post Jun 23 2008, 04:42 PM

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QUOTE(sabrateur @ Jun 23 2008, 02:02 PM)
RM0.06 is RM0.06 no matter what the par value.

Unless, what u mean is 6% dividend. Sometimes they do this, instead of say 6sen dividends they say 6% dividend of par value.

In this case yes it is different. But from what you said it is RM0.06 per share so it RM0.06 per share, par value does not matter.
*
i see

so the par value is only required in the calculations when the company announced the dividend amount in percentages.

thanks

This post has been edited by Crossbone: Jun 23 2008, 04:42 PM
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