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
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