Megaworld Corporation #MEG

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Dividend Capture Strategy

• Declaration date: Jun 15, 2016
• Ex-div date: Jun 24, 2016
• Rate: Php0.05/share

Given you have Php 100,000 to invest:

Closing price on declaration date: 4.32
Number of shares: 23,000
Sold before ex-div date based on closing price: 4.67
Gain: Php6,902.98 (6.93%)

Cash dividend less 10% withholding tax: Php1,035

Total profit: Php7,937.98