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21-08-2018, 10:07 AM
#1721
Originally Posted by allfromacell
Has anybody received their dividend yet? I haven't but I then I can't remember filling out a bank details form for theses.
Mine went in yesterday. Cheque should come through snail mail
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21-08-2018, 10:13 AM
#1722
Originally Posted by Ggcc
Mine went in yesterday. Cheque should come through snail mail
So did mine,but after they took out tax of 33% I did not receive a great deal.
Well I guess it was tax.?.Will have to wait for the dividend advice slip to check.
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21-08-2018, 10:15 AM
#1723
Yes, Resident Withholding Tax rate is fixed at 33% for dividends.
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21-08-2018, 10:24 AM
#1724
Member
Yes received mine yesterday in bank account. Shame no div reinvestment policy exists! Nonetheless, I put it into another allocation about to go out.
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21-08-2018, 10:27 AM
#1725
Originally Posted by Lawstudent05
Yes received mine yesterday in bank account. Shame no div reinvestment policy exists! Nonetheless, I put it into another allocation about to go out.
Quite happy no div reinvestment exists. We live off our dividends so not an option for me. And don’t really want the number of shares increased if I am not participating. I guess we are at different stage of our investment cycle.
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21-08-2018, 10:36 AM
#1726
Member
I'd be interested if OCA were to do a DRP. Any indications that people know of that this may be on the horizon?
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21-08-2018, 11:27 AM
#1727
Member
Originally Posted by RTM
Quite happy no div reinvestment exists. We live off our dividends so not an option for me. And don’t really want the number of shares increased if I am not participating. I guess we are at different stage of our investment cycle.
Great comment - and in 40 years time I will be in that mindset. Thanks for the different perspective.
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21-08-2018, 12:51 PM
#1728
Any build up on the buy side at $1.12 gets smashed, the market is waiting for Macs to come forward, get your skates on guys.
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21-08-2018, 12:55 PM
#1729
Originally Posted by RTM
Quite happy no div reinvestment exists. We live off our dividends so not an option for me. And don’t really want the number of shares increased if I am not participating. I guess we are at different stage of our investment cycle.
Same here. I used to use DRPs when available, but now we are also using dividend income to live on we have no need of it. And for the small % advantage of using one I'd rather have the money and decide if/where I want to reinvest. Great though for those with enough income and a real commitment to a company.
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28-08-2018, 10:17 AM
#1730
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