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Friday, 27 January 2012

Advance dividend payment from Keong Hong


I have to sacrifice the golden-egg goose again; this time round it is on Keong Hong.  Its ex-dividend date is 7 February so l could have hold on to this stock till then.  On 35 lots, l would have be able to receive $490 on 23 February but have decided to settle for a little lesser amount of realised nett gain at $455.55.   I can now use the proceeds to reinvest.  


Stock Keong Hong (5TT) 
Qty 35
Dividend ex-date 7-Feb


Expected dividend rate 0.014
Expected dividend amount 490.00
Sold date 25-Jan
Realised nett gain 455.55


Actual dividend rate 0.014
Dividend payable date 23-Feb
Dividend receivable 490.00
Strike gold / (golden-egg goose killed) -34.45

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