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
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Surewin123
12,594 posts
Posted by Surewin123 > 2017-05-02 08:10 | Report Abuse
我差点读到安息股。