Financial Analysis Megatrends Travel Around Asia on AirAsia. Now Everyone Can Invest.

AirAsia Hotel Rooms Holiday Promotion 2012 Search Box Earn 50 Percent or 48 USD Per Introduction

Search This Blog

Tuesday, May 17, 2011

AirAsia 27.725 Percent Dividend Payout in June


Those investing in AirAsia stock can enjoy some payout very soon. A complex dividend structure will be paid out in June 2011 equating approximately to a 30% payout.

If you still hold AirAsia by 16th June 2011, you'll be entitled to this dividend on 20th June 2011.

Detailed description and calculation of AirAsia's dividend:
(i) Gross Dividend of 9.1% per ordinary share of RM0.10 less Malaysian Income Tax at 25% (9.1 percent X 0.75 = 6.825%);
(ii) Tax Exempt Dividend of 0.2% per ordinary share of RM0.10; and
(iii) Single Tier Dividend of 20.7% per ordinary share of RM0.10.
Tabulation: 6.825% + 0.2% + 20.7% = 27.725%

Par value of AirAsia is RM0.10.
Dividend per 1000 shares = 1000 x RM0.10 x 27.725%
= 27.725 RM

This dividend is for Financial Year Ending 31st December 2010. So indeed last year was a remarkable year for AirAsia. Doubling in equity value.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Compare Reviews