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Thursday 16 February 2012

Advance dividend from LippoMalls


I have sold LippoMalls 32 lots on 13 Jan whereby the exit price was the assumed dividend (at $1.11 cents) back then.   LippoMalls announced its full year results this evening, and also made known the dividend payout rate at $0.53 cents.
By doing so, l can plan my exit price and hence it is as good as l have already collected a much higher dividend when l have sold all of it on 13 Jan; otherwise l will have to wait till 16 Mar for the dividend amount (and at a much lower amount).

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