103509899
commented on a stock · Jun 27, 2024 11:14
$SIA (C6L.SG)$ see chatgpt calculation whehter to sell the s...
$SIA (C6L.SG)$see chatgpt calculation whehter to sell the stock now to gain capital gain or wait for dividend of 0.38 to get total gain===>Let's break down the potential gains from selling now versus waiting for the dividend, based on your purchase price of $6.74 per share and holding 42,000 shares.
### Selling Now
- **Current Stock Price**: $6.95
- **Purchase Price**: $6.74
- **Number of Shares**: 42,000
**Capital Gain Calculation**:
\[ \text{Capital Gain per Share} = \text{Current Stock Price} - \text{Purchase Price} \]
\[ \text{Capital Gain per Share} = 6.95 - 6.74 = 0.21 \]
\[ \text{Total Capital Gain} = \text{Capital Gain per Share} \times \text{Number of Shares} \]
- Total Sale Proceeds: $6.95 \times 42,000 = $291,900
- Capital Gain: $8,820
- **Waiting for Dividend**:
- Total Value: $291,900
- Includes Dividend: $15,960
In both scenarios, the total value remains the same at $291,900. However, if you sell now, your gain is purely from capital appreciation, amounting to $8,820. If you wait, the total value of your holdings includes both capital gain and the dividend, summing to $291,900.
### Conclusion
Given that the total value is the same, your decision might depend on:
- **Immediate Need for Funds**: If you need the funds immediately, selling now makes sense.
- **Market Conditions**: If you believe the stock price might decline further or not recover after the dividend payout, selling now could be safer.
- **Tax Considerations**: Depending on your tax situation, capital gains might be taxed differently than dividends.
Evaluate these factors based on your financial goals and risk tolerance. If in doubt, consulting with a financial advisor could help make a more informed decision.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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103509899
OP
:
yes u can but u will lose the dividend 0.38 coming on August 21/08/2024 . but for me i will keep bcos my dividend is more that the capital gain now. So i will listen to Chatgpt's advice
Jasmine06 : Should I sell now as well?
103509899 OP : yes u can but u will lose the dividend 0.38 coming on August 21/08/2024 . but for me i will keep bcos my dividend is more that the capital gain now. So i will listen to Chatgpt's advice