Your projection is good But fulfilling is another question No good management company would declare such a jump in dividend every years They have to be a bit conservative They need to back up for bad times if suddenly economy drop
Dutch lady and Harrisons different business model, Harrisons more like Yeelee in East Malaysia, a distributors, very low profit margin, but stable income, depending on . Dutch Lady have product brand and able to raise produce price . Can Harrisons raise price from his principle-dutch lady, nestle, and the products they distribute? From history record, Harrisons do pay good dividend.
If one to starts holding this stock in 2004 , market price was around $1.20 with dividend of 6 sen to be received in 2005, dividend yield then was 5% . He receives $1.51 normal dividend and $0.50 special dividend ,total $201 dividend within 13 years up to 2016. In other words, his cost was $ 1.20 ,he is already receiving more than what has been invested. At current price of $4.08, he can just lock it up in his safe.. Now, at current rate of 6.1% dividend yield, will history repeat itself?
put it in simple calculation: 2004 cost 1.20 up to 2016 Dividend received $2.01 Plus capital appreciation $$2.88($4.08-$1.20) =$4.89 total return for 12 years $4.89/1.2= 4.075 times about 3 years double your capital
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4715 views | 4 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shortinvestor77
5,487 posts
Posted by shortinvestor77 > 2017-05-01 11:50 | Report Abuse
No way. Can't compare with Dutch Lady.