For my SRS portfolio this week, l have sold away Pac Andes 25 lots for a gain $67. Dividends rate of 0.30 cents was declared during its full year results as announced on 26 Nov but payment date is yet to be determined and this likely to happen around Feb'13 to Apr'13.
The nett gain of $67 came very close to the expected dividend payment of $75 (25 lots x 0.30 cents per ordinary share) so l am happy with this outcome. This is as good as l am getting paid on the divivend payment which is approximately three months ahead; and l can also re-invest on the proceeds.
Portfolio walk since previous posting :-
+$3,617 Total Returns as of 21 Dec
+$67 Gain on sales of Pac Andes
+$256 Unrealised positions improved
+$3,939 Total Returns as of 28 Dec
previous posting :- SRS - Closing status 21 Dec
The nett gain of $67 came very close to the expected dividend payment of $75 (25 lots x 0.30 cents per ordinary share) so l am happy with this outcome. This is as good as l am getting paid on the divivend payment which is approximately three months ahead; and l can also re-invest on the proceeds.
Portfolio walk since previous posting :-
+$3,617 Total Returns as of 21 Dec
+$67 Gain on sales of Pac Andes
+$256 Unrealised positions improved
+$3,939 Total Returns as of 28 Dec
previous posting :- SRS - Closing status 21 Dec
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