Jump to content

Philippines High Dividend stocks

Recommended Posts

Philippines High Dividend stocks

NEW thread To track high div stocks ...

PHDv#1 : 5yr : 2yr: 1yr: 6mo: 10d/

BEL-1.99 (6.03%), DMC-8.29 (11.6%), SCC-23.00 (9.78%), SHNG-3.29 (5.33%)


Others: ?: SPC

Link to comment
Share on other sites

COMMENTS : Dividend TAXES & "the compression effect*"

CL-: Beware of CITIRA law... If pass, starting next year, the final tax of 10% which we currently enjoy, would increase to 20% (??)...

while bonds, LTNCDs' final tax which is currently being slapped at 20% will be reduce to just 15% final tax...

DB: Hmm.  Thanks for that tip.  Why penalise Divs, and chase money into debt instruments?

An even handed 15% would make more sense imho

CL-: Sorry, currently final tax on cash div for publicly listed shares are being slapped 10% final tax... If CITIRA Law is pass, the new final tax will be 15% on all divs... Be it cash, stocks, n even property div...

DB: 15% is not seem so terrible, But obviously I would prefer 10%

CL-: Right!

DB: This might tend to make many div stocks more range-bound, than at present

CL-: Hmmm... If they realize that, they might move towards range-bound, but that we have to see...

DB: Just a tendency, I reckon, not a certainty

CL-: (thumbs up!)

DB: But might also bring more liquidity, as (yield-driven) liquidity circulates among a relatively small number of high div stocks. 

(Which I hope to be monitoring for investment opportunities.)


*DB: On "the Compression Effect":

I am looking for what I call "the compression effect" where I but a high div stock near its low, and then when it pops up. I can sell and collect a capital gain equal to 2-5 years worth of dividends,  Then I would recycle the funds into another high div stock.  (I have been doing this in HK for some years)

Link to comment
Share on other sites

DMCI should have strong support in the region of P8 or so - & has a great Dividend (11.6%)

DMC / ... all-data : 10yr: 5yr: 2yr: 1yr: 6m: 10d / Last: P 8.29 +0.08


SCC / Semirara Mng & Pwr... all-data : 10yr: 5yr: 2yr: 1yr: 6m: 10d / Last: P 23.00

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...