Tuesday, August 29, 2017

YTL Power International #11 - Quarterly rpt on consolidated results for the financial period ended 30 Jun 2017 - UPDATE

IMPORTANT UPDATE!!!


I am terribly sorry, I missed out a very important announcement by YTL Power.

Besides the 5 cents dividend in CASH, YTL Power is also distributing One (1) treasury share for every Fifty (50) ordinary shares held ("Share Dividend").




At the last done price of RM1.43, the Bonus Shares work out to be worth about 2.86 cents per share,

1,000 / 50 * RM1.43 = RM28.6

RM28.6 / 1,000 = RM0.0286 or 2.86  cents per share


So, my estimation of a dividend of 8 cents per share is not too far off,

5 + 2.86 = 7.86 cents per share