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2 comment(s). Last comment by traderhub 2011-09-09 13:54
Posted by traderhub > 2011-09-09 13:54 | Report Abuse
For companies listed in the Bursa Malaysia, the dividend may be declared in the actual amount, or as a percentage of the par value of the stock.
In the case of SBCCORP, the par value is RM1. Therefore, the dividend declared as 15% is equivalent to: 2.5% of RM 1 == RM 0.025
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CS Tan
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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....
paklah1969
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Posted by paklah1969 > 2011-09-02 21:14 | Report Abuse
What is 2.5% dividend? Can anyone please help me to explain. Why some chose to announce in term of percentage while others are more straight forward to announce the exact value for the dividend. TQ