Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Saturday, July 25, 2009

DIGI = Dividend Stock

DIGI recently announced dividend payout of 49 sen, going ex. 1st Sept, payout 18th Sept 2009. Assuming 2009 total yearly payout of RM 1.50, yield = 150/ 2200 = 0.68 or 6.8 %

Looking at the financial summary of recent quarters, the revenues profits and earnings per share look sustainable. Total 2008 dividend payout = RM 1.88 therefore yielding 188/2200 = 8.5 %

Buy Digi for med to long term for dividend.

Do consider TM for 6 - 8 % dividend play also.

Buy Axiata on stock price dips for active trades or long term regional growth or buyout.

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