Comments on: MIIF Dividend Reinvestment http://www.lioninvestor.com/miif-dividend-reinvestment/ Your Guide to Personal Finance, Investing and Trading in Singapore Tue, 06 Jan 2009 20:11:59 +0000 http://wordpress.org/?v=2.6 By: Another MIIF Scrip Dividend Strategy | Den of The Lion Investor http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-1331 Another MIIF Scrip Dividend Strategy | Den of The Lion Investor Fri, 12 Sep 2008 03:47:46 +0000 http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-1331 [...] More on MIIF Scrip Dividend [...] [...] More on MIIF Scrip Dividend [...]

]]> By: lioninvestor http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-46 lioninvestor Tue, 08 Apr 2008 14:05:23 +0000 http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-46 Hi James, Yes, your new shares will rank alongside your old shares, so it will be entitled to future dividends. Your broker will be able to advise you on the odd lot issue. Personally, I won't bother selling the odd lots. Hi James,

Yes, your new shares will rank alongside your old shares, so it will be entitled to future dividends.

Your broker will be able to advise you on the odd lot issue.

Personally, I won’t bother selling the odd lots.

]]> By: james http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-44 james Tue, 08 Apr 2008 02:16:19 +0000 http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-44 yeah i kinda figured that out after i typed the comment. thanks for the clarification anyway! i think they'll round up the shares (there was a description on the back of the form) how would i be able to trade in odd lots though? ask my broker/trading representative i suppose? am i right to say that shares through SDS will ALSO be subject to future rounds of SDS? as in compounding... should be right? james yeah i kinda figured that out after i typed the comment. thanks for the clarification anyway! i think they’ll round up the shares (there was a description on the back of the form)

how would i be able to trade in odd lots though? ask my broker/trading representative i suppose?

am i right to say that shares through SDS will ALSO be subject to future rounds of SDS? as in compounding… should be right?

james

]]> By: lioninvestor http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-42 lioninvestor Mon, 07 Apr 2008 06:17:30 +0000 http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-42 Hi James, Each share is issued at $0.79. The dividend declared is 4.25cents/share so your 5000 shares will entitle you to 4.25 x 5000 = $212.50 If you elect to take scrip, you will receive 212.50/0.79=268.98 shares. This will be rounded to 268 or 269 (not too sure). There are no additional fees involved. Essentially, you are taking the money from your dividend, and using it to buy MIIF at $0.79 without paying any brokerage or CDP fees. Hi James,

Each share is issued at $0.79.

The dividend declared is 4.25cents/share so your 5000 shares will entitle you to 4.25 x 5000 = $212.50

If you elect to take scrip, you will receive 212.50/0.79=268.98 shares.

This will be rounded to 268 or 269 (not too sure).

There are no additional fees involved.

Essentially, you are taking the money from your dividend, and using it to buy MIIF at $0.79 without paying any brokerage or CDP fees.

]]> By: james http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-41 james Mon, 07 Apr 2008 05:45:04 +0000 http://www.lioninvestor.com/miif-dividend-reinvestment/#comment-41 Hi, I'm not too good with the Scrip Dividend Scheme - wondering if you could help me with the calculations. I basically hold 5 lots (yes it's little) and based on the 0.79cents per share SDS issue. What is the amount I would receive? Do I have to pay an additional amount for the shares? Hi,

I’m not too good with the Scrip Dividend Scheme - wondering if you could help me with the calculations.

I basically hold 5 lots (yes it’s little) and based on the 0.79cents per share SDS issue. What is the amount I would receive? Do I have to pay an additional amount for the shares?

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