Earning in the stock market for the long term is a great gift for yourself and your family already. Yet receiving Dividend: Your extra gift as an investor is amazing. Wow! Just wow!
Don’t be surprised because big companies give dividend on a regular once in a year basis. This is the company’s way of saying thank you to you for buying their stocks.
There are just few things that you need to remember regarding dividends.
DividendMETROPOLITAN BANK & TRUST COMPANY - Declaration of Cash Dividend
Now, let’s discuss them further.
In 2017 MBT declares a 1.00 peso cash dividend to all their share holders.
Ex-Date means if you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
Record Date means on this date you must be on the company’s books as a shareholder to receive the dividend.
Payable means this is the date you will receive the cash dividend.
In my case, I did not receive from MBT because I purchase shares on March 27 which was after the record date of March 9.
So, for your future investments or if you want to add stocks on your portfolio, you might want to consider checking the company’s history of declaring cash or stocks dividends. You might consider one of these companies, see full list HERE.
It might be a small amount but it is surely an extra gift as an investor. You can use the money either to re invest or withdraw the money to reward yourself.
In conclusion, stock market investment is really a good option to grow your money. Although, I know it needs a lot of self discipline and a regular capital. Focus on this opportunity by studying it well. Ask your family and friends for support and encouragement.
I really wish you will be one of us who enjoys investing in the Philippine Stock Market.
As always, keep on learning and earning soon!