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| AC Daily Chart |
- Declaration date: Jun 24, 2016
- Ex-div date: Jul 7, 2016
- Rate: Php2.88/share
Given you have Php 100,000 to invest:
Bought at closing price on declaration date: 850
Number of shares: 100
Sold before ex-div date based on closing price: 860
Gain: Php65.55 (0.08%)
Cash dividend less 10% withholding tax: Php259.20
Total profit: Php324.75
Buying on declaration date and selling before the ex-div date doesn't always guarantee a profit but as long as the price is moving uptrend and showing no sign of reversal you may hold on to it until it hits your target price.
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