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Hi All,
For UOB, I'm looking at their historical dividend amount paid. For 2020, they show dividend 1.14000. Does that mean they are paying $1.14? So if I owned 1000 shares of UOB, it will get $1,140 in dividend?
Why does UOB pay so much dividend?
If I'm planning to up my dividend shares, UOB will be a good options?
Thank you.
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How much dividend u get depend on how much qty u have.
Eg if today a stock cost $5, u invest with $1000, u got 200 shares. If DPU is $0.25, u get $50. Dividend yield = 5%
If today a stock cost $10, u got 100 shares, u get $25, dividend yield= 2.5%
So is it good to up the share to get more dividend? it still depend on the price you paid. Personally i think not worth to add more bank shares just for dividend for now.
Is good to have multiple dividend paying stocks so when 1 cut dividend, you will still have many stock paying you. Just opinon.
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Chris
27 Aug 2021
Owner and Writer at Tortoisemoney.com
Do note that this $1.14 includes a special dividend of $0.20. While this special dividend tends to b...
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You need to the dividend relative to the price you paid for UOB.