facebookUnderstanding Dividend Payout - Seedly

Advertisement

Understanding Dividend Payout

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.

Discussion (7)

What are your thoughts?

Learn how to style your text

You need to the dividend relative to the price you paid for UOB.

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.

View 1 replies

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...

Write your thoughts

Advertisement