If one were to hold this stock since 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 $2.01 dividend within 12 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 every 3 years double your capital ,so 12 years compounded 4 times or $1 invested become $5 after 12 years
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Posted by Surewin123 > 2017-05-02 08:10 | Report Abuse
我差点读到安息股。