What is SP Dividend? U bought shares 1.60 after X shares price become 1.27 and u will get back RM 326 ,who money? Is your money you pay for share peice at Rm 1600 Ha ha ha.
Some people are undecided on whether to buy KPS today or after ex-dividend on 14 May......
So, is it an advantage or disadvantage to buy today??
Today 13 May, shareholders who bought the stock today or earlier will be entitled to the special dividend of 32.6 sens
Tomorrow 14 May, KPS stock price will be adjusted down by 33 sens (rounding up) based on today's closing stock price of KPS to exclude the special dividend quantum because it becomes "ex-dividend" already.
PROS & CONS
Scenario 1: Buy by today, 13 May + Gets the dividend of 32.6 - Dividend only receive on 28 May 2019 - Stock price will be adjusted down by 33 sens (rounding up) + May benefit from any price surge above the adjusted opening price on 14 May 2019
Scenario 2: Buy on 14 May - Do not get dividend of 32.6 sens + Stock price will be adjusted down by 33 sens (rounding up) + Pay lower brokerage fees and stamp duty due to lower stock price - May not be able to buy at the adjusted price on 14 May 2019 because price may goes up
yip_8988, we buy the stock because we are interested in the company and think that the company can do better in future. We normally use the dividend to buy more stocks with the cheaper x-price, to increase our share amount in the company. If you want quick money with hit and run, please go Genting, they welcome your contribution wholeheartedly...
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....
Yeoh Andy
96 posts
Posted by Yeoh Andy > 2019-05-12 01:49 | Report Abuse
Monday goreng up to tp 1.75