You didn't feel awkward that the dividend is paid on the day of the announcement itself? Lol.
The dividend credited into your bank account will note the company that issued the dividend.

This post has been edited by Jordy: May 15 2020, 11:14 AM

I see. Well to make things easier for me, I just register one of my unused savings account just for the purpose of receiving dividends.
It helps me track all my dividend payments all in my monthly statements. So I don't have to track individually, as I can review all my monthly statements for the actual dividend paid throughout the year.
That was I won't miss a thing. And the names of the paying company will also be stated in the statement.
You can try this method so you won't mix your dividends with your other cash.

Means you do not reinvest the dividends?

Excel is a little bit tedious if you have a very busy schedule. Like me, I started off using Excel to track as well, but then I couldn't keep up and most of the time I had to check every stock's history to update my list.
So I thought of just using my monthly statement to keep track of my dividends. I just print and file in my statements. End of the year I just look at the figures to compute my yield.
That was I am sure I won't miss out on any records and it won't consume too much time.

To avoid that, I just leave my dividends in my savings account until end of the year, then only transfer one lump sum into the trust account to buy 1 counter.
I monthly just transfer a set amount of money from my salary into my trust account which will be used to buy something if got opportunity.
Just check my dividend savings account once in awhile to see if there's any new dividends coming in.

No option to automatically reinvest as we cannot buy odd lots here.
But I will still keep all my dividends in my dividend account and transfer the whole amount into my trust account to purchase some stocks (manual reinvestment).
I will never touch my dividend money no matter what, that money will be used to make more money

Currently at this point, I am expecting MBB dividend to yield 6% (45 cents / 7.50) for this FY.
When things start to recover next year and full economic activities return to normal, I am expecting the yield to be around 7.3% (55 cents / 7.50).
Definitely it's a buy at below 7.40 price point.

So jealous you earn so much dividend

90% is from dividend, 10% of own money

IDSS is still suspended until end of June, and I expect it to be extended to protect our stock market at least until the market sentiment gets better.
I know many are waiting and hungry to short glove stocks right now. But it has to wait unfortunately.

Share prices usually would've priced in such bad news, so at 7.30-7.40 range should be the bottom amid all these expectations unless there are other negative news which we still don't know.

DCA (Dollar Cost Averaging) should be done over a fixed period of time with fixed amount of investment, regardless of the price at the point of time.
So whatever the price it may be (up or down), you will still buy the stock on automode.

For that you got to commit based on your ability. Some would be comfortable with 2-3k a month, some are struggling with 200-300 per month. It depends on your own monthly savings rate and your financial situation.
I have yet to start DCA in MBB (I had the plan to though) because my minimum brokerage fee is still 0.60% or RM40. If I have my new brokerage account, then I am also planning to DCA about 2k a month into MBB.

Still holding on to all my MBB bought last year, even before any Covid appear. Not going to sell it although my ABP is high at 9.08. I believe in the fundamentals and growth of Malaysia's biggest bank. Some may argue that MBB's assets are riskier, but I feel that for a bank that has been growing for the past 60 years since it was founded in 1960, they would have made provisions for the riskier assets.

I am just waiting to collect more dividends only as I foresee the dividends would return back to normal rate of at least 55 sen. That would still give me a 6% yield.

If I want to DCA, it might be more worthwhile to DCA other growing stocks. Maybank growth is too slow to DCA, not much difference anyways either buying lump sum or DCA for slow growth stocks.

I am also eyeing Allianz at TP around 14.50 level. Takaful also I am buying at 4.80 level.

Interest rate has been low for over a year now, but still no negative effects on banks seen until now. We'll wait to see if the anticipated rise in NPL will happen by end of this year, if not then I don't see why we should be running away from Maybank. As long as fundamentals are intact and as long as Malaysians still require loans, banks will keep growing. My holding in Maybank is rather small in my portfolio, so I can still continue holding.

Yeah I understand that TA is an important part to initiate the entry and exit point. But I am not here to make quick profits. I am here to hold my stocks for at least 10 years. So there is no reason for me to rush to sell the stocks to make a gain. I prefer the stock to grow steadily and slowly until I am prepared to retire as I am too busy with work to keep monitoring my stocks.

Have you included the RM13 fee you had to pay to calculate your actual cost?
If you have 5 big lots, your average cost will be RM7.93 (after including the RM13 fees and disregarding fractional shares).
So your actual margin of safety is only 7.69% as of latest price of 8.54 instead.

Me, I have just registered for the AGM for the RM50 in MAE credit lol.
The price of DRIP will depend on the 5 days-VWAP before it is declared, so now it is still too early to predict as we still don't know how the price will be moving in the next 2 weeks before the AGM.

Same here, I did not opt for DRP. I took the cash instead and reinvest into my business

Yes, but the details are to be announced at a later date.

I always buy whenever Maybank goes ex-div or when the price hits below 8.50. I know Maybank's price will always stabilise above 8.60 so I buy without worries. So far I have already hit my target on Maybank accumulation but if price is attractive I still have extra bullets to hoot

My average is around 7.80 as I bought quite a lot at 7.20. I have been averaging up since then. Not worried about my average price as long as I could get it to maintain below 8.50 so I can keep getting a yield of at least 6.5%. I'm still getting very good yield as I keep expanding my dividend.