but they will acquire more assets in every year, at least 3 buildings in a year, compare to other reits, this reit can consider growth stocks instead of dividend stocks, at the same time, their dividends also will increase because of increasing revenue
another steady qr! @fachoi, we have several options, (a) if u wish to receive all 2.25sen in cash, u may, (b), alternatively, management is offering to use 1.1sen to reinvest @RM1.88 after, balance 1.15sen to be paid in cash, or (c) use 0.55sen only to reinvest, balance to be paid in cash. cheers!
Good comments here. Axisreit imho is one of the better mreits to hold and can hold for long term as an industrial reit. I am surprised recent QR affected quite badly making price reduced by much. Still don't fully understand as it should be a defensive sector - warehousing. As per calculation above, still fair return vs FD. And other reits, the ones i know also have lower returns. Likely will re-invest. Newbie, or anyone knows, the form, it will state how many we are qualified to buy based on the quantity we are holding but can we state how many we want to re-invest so it is not an odd lot?
oh, alternatively we can also calculate how many units we are entitled to reinvest based on the options (1.1sen or 0.55sen), eg. if we have 5000units now, assuming we choose 1.1sen option, units entitled = (5000x0.011)/RM1.88 = 29.25units, if we choose 0.55sen, (5000x0.0055)/RM1.88=14.62 units. Actually if we are into long term, odd lots don't matter much becos next quarter we will get more dividends as we have more units on hand (reinvest at 0 brokerage); but if we are in short term, ya, better choose cash.
@qwertyuiop1234 Thanks for the alert! Oh, yes, I will end up with odd lots! As illustrated by Newbie (thank you!), choice b) needs 17100 units to get 1lot. As the share price up, the discount is even more attractive though, so will just bear with odd lot now and wait for next round of dividend!
Hi guys, Newcomer question here on the dividend announcement: "of which 0.83 sen per unit is taxable and 1.42 sen per unit is non-taxable in the hands of the unitholders". Some of the resources i read before was claiming dividends in Malaysia are tax free. Does that not apply here for this announcement or is this a special case? If i take the full 2.25s without DRIP, does it need be filed during tax season next year?
Still learning the ropes and your input is highly appreciated. Thank you!
@peace99, yes, we can actually sell/buy odd lots from our platforms, u can right click the name and choose ''odd lot info'', or for some platforms u click on ''normal odd lot'', then select the stock name and see. Currently normal lot best buy is 1.99, but oddlot best buy is 1.86.
zen, from observation, suspect its due to shift of portfolios, institutions reducing reits exposures as they are less exciting growth than techs/recovery plays. A 1500-2000lots of buy queue will not be able to absorb the sells by institutions, not to mention buyers are not in hurry to buy into reits at the moment..so price was not able to rebound back quickly..just my opinion.
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