Dividend Calculation
hi. im newbie here too in moomoo for less than 4 months.
just want to clarify 1 lot is 100shares. and i have 1000shares means 10 lot.
so the dividend announced is 0.29cent per share.
is the calculation is 1000shares x 0.29cent = RM290?
please advise if im wrong
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Newbie here. Was on Crypto and Stocks Tradings recently. Looking for new venture to earn some extra income.
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上班对冲风险投资 : i think yes or you can ask customer service for help: FAQ: How do I contact customer service?
谈笑度凡尘 : you are right about this!!!
Azmie : yup..thats the correct calculation
ESY : You calculated directly using 0.29 without converting it to Malaysian Ringgit, so the result of 290 is only sen, not Malaysian Ringgit. If converted to Malaysian Ringgit, the result is 2.90 Malaysian Ringgit. Therefore, the correct total dividend is 2.90 Malaysian Ringgit, not 290 Malaysian Ringgit. So, CkMax's calculation method is slightly incorrect and should pay attention to unit conversion.
Yen9981 ESY : I don't think your math is very good.
CkMax OP Yen9981 : Ermmmm… i guessed so~~ if you could enlighten me. The dividen announces is RM0.29 per share. It’s already in sen.
Yen9981 CkMax OP : You are right, the symbol I used is not for you.