One of the perks of investing regularly in the PSE market is by receiving passive income from stocks in terms of Dividends. Dividends are incentives given by the company to their shareholders. You don’t have to do anything but wait when they are going to announce and check for the income to be distributed in our accounts.
Below is a sample dividend given by DMC. I like stocks that gives regular dividends as it always feels that you are a part of the company, and they share the blessings that they have to us as an investor.
Recently I received the dividend worth 4,800 pesos. Net amount is 4,320php as there is a tax of 480php.
DMC is currently up by 20% from the time the dividends were declared. Consider also the short term drop in price as the market tries to priced in the outflow of funds from the company. If the stock is strong, it will recover in the future.
Not all Stocks provide dividends so select properly those that share their earnings to its investors.
Here’s the list of upcoming dividends for Philippine stock exchange stocks this September.
Company Name | Type of Security | Type of Dividend | Dividend Rate | Ex-Dividend Date |
Del Monte Pacific Limited | DMPA2 | Cash | US$ 0.325 per Series A-2 Preference Share | 26-Sep-22 |
Jollibee Foods Corporation | JFCPB | Cash | Php10.60125 per share for Series B preferred shares | 16-Sep-22 |
Jollibee Foods Corporation | JFCPA | Cash | Php8.20525 per share for Series A preferred shares | 16-Sep-22 |
San Miguel Corporation | SMC2K | Cash | P0.84375/share | 16-Sep-22 |
San Miguel Corporation | SMC2J | Cash | P0.890625/share | 16-Sep-22 |
San Miguel Corporation | SMC2I | Cash | P1.18790625/share | 16-Sep-22 |
San Miguel Corporation | SMC2H | Cash | P1.1854125/share | 16-Sep-22 |
San Miguel Corporation | SMC2F | Cash | P1.27635/share | 16-Sep-22 |
RFM Corporation | COMMON | Cash | Php0.059355 | 12-Sep-22 |
Shang Properties, Inc. | COMMON | Cash | P0.095000 | 12-Sep-22 |
Phoenix Petroleum Philippines, Inc. | PNX3B | Cash | Php2.0270 | 13-Sep-22 |
Remember that there are two types of dividends, first is the common or preferred dividends and stock dividends. As the name implies stock dividends are given in form of stocks while common or preferred dividends are given in terms of cash.
Don’t be confused which type you are receiving. I normally go for “common dividends” as opposed to preferred type of dividends. Common dividends are better if you want more liquidity on the stock, you are trading. Make sure to check this under “type of security” before buying.
Important dates for dividends include ex-date and payment date. If you want to avail the dividends, buy before the ex-date. You can sell the stock on ex-date and still receive the corresponding cash dividends on the payment date.
Related Articles
CASH DIVIDEND IN THE STOCK MARKET
HOW DO YOU EARN FROM THE STOCK MARKET BY PRICE APPRECIATION