102130499
commented on a stock · Apr 18 09:09
$DBS (D05.SG)$ can someone explain how does 0.1 stock div wo...
$DBS (D05.SG)$ can someone explain how does 0.1 stock div works? if i have 1000 shares do I get 100 shares for free? thanks
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Reeve Liew : 10 for 1 , 100 for 10 , 1000 for 100
chee89 : yes, but the stock price also will drop to 32-33 , then keep hold the stock waiting the stock go back 36 and above
Blur Blur chee89 : Won’t the rate cut affect the price? Since bank thrive on high interest rate
JOMATE chee89 : Ya man. For those who is holding for long, no fret as its dividend are attractive. (10 for 1)* (0.54*4) , (100 for 10)* (0.54*4) , (1000 for 100)* (0.54*4)