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.

Win a 7D6N trip to New Zealand on AirAsia Contest

So finally here is the news about the "Faces Go Places" Contest by AirAsia to win free trips to New Zealand. Trips means more than just flights. All expenses paid, purely free.

Win a 7D6N trip to New Zealand when you join the Faces Go Places contest. You will explore the amazing South Island with 2 friends and a popular blogger, and get a chance to be a star in the ads. Your face, antics, photos, bungee jumping and how you battle the cold and in awe of the nature and outdoors!

How to join the AirAsia Faces Go Places Contest:
1. Log on to facebook.com/airasia
2. Choose from a list of different activities.
3. Upload a photo of your craziest expression to match.
4. Share it. Get your friends to vote for you.
5. And you could be on your way to an all-expense paid trip.
6. Search last minute hostel and hotel deals to save.