 |
| BPI Daily Chart |
- Declaration date: Jun 15, 2016
- Ex-div date: Jun 24, 2016
- Rate: Php0.90/share
Given you have Php 100,000 to invest:
Bought at closing price on declaration date: 96.60
Number of shares: 1,000
Sold before ex-div date based on closing price: 97.30
Gain: Php-358.50 (-0.37%)
Cash dividend less 10% withholding tax: Php810
Total profit: Php451.50
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.
No comments:
Post a Comment