Thursday, 9 February 2012
Advance dividend from CitySpring
I have yesterday sold off entire 15 lots of CitySpring. I have assumed the dividend to be announced is at 0.82 cents. At 15 lots, the expected dividend amount is $123.00. But l have managed to offload it at slightly better price to arrive at nett gain of $162.33. Today, CitySpring announced the dividend payout rate is at 0.82 cents and the dividend is payable on 2 March.
The stock price on CitySpring (and other stocks) is likely to test new highs but l reckon there's no ends to one's greed.
Almost everyone are in panic buying mode but l still continuing carrying out my exit selling price on stocks, calmly. For me, planned buying price and setting an exit selling price is a lot more meaningful, and having the ability to achieve inner peace too.