Received some Globe Telecom cash dividends a few days ago (March 9, 2017). At ₱22.75 per share divided by last Friday’s closing price of ₱1910.00, the dividend gives a gross annual cash dividend of around 4.7% (note that this is a fourth, as Globe typically gives out cash dividends quarterly).
Emperador’s recent price dive seems excessive if its just because of getting taken out of the index. I’m looking into getting some before the March 29, 2017 ex-dividend date. At a cash div rate of ₱0.1865 per share divided by last Friday’s (March 10, 2017) closing price of ₱6.35 would give a gross annual cash dividend of around 2.9%. I somehow don’t expect Emperador to change its dividend policy within the year, unless there was some extraordinary gain somewhere.
I’ll also start posting some quotes I like which are related to investing in one way or another.
“In a world of change, the learners shall inherit the earth, while the learned shall find themselves perfectly suited for a world that no longer exists.” – Eric Hoffer