dividends

pls note that Section 44 is to be deleted from the Income Act.
Normally companies are likely to 'distribute' S44 to their shareholders.
Feb - Mar and Aug - Sept is what we known as 'Yr End Period'

Directors would recommend dividends to be distributed and shareholders will approve them in AGM.

There are 2 types of dividends: Less Tax and One Tier.

Less Tax dividends = Dividends with S44.
If u received $1.00 dividend, there is a 20 cent credit (S44) in IRAS. Should u need to pay tax, IRAS will deduct from the 20cents first before asking u to pay. Else they will return u the money.

In another words, u will receive $1.20 instead of $1.

One Tier dividend = dividends without S44
Simply means if u receive $1, its urs... No more extra.

Of cos u need to risk the amount u put in if u wanna buy early.
But if u buy late, it could means, u use ur own money to buy dividend.
Note that u need to wait for X-Date before u receive the dividend.

Companies with S44 and their reporting date. (Recommended) (With S44)

1) ComfortDelgro 13/2/07 (taxi fare increase. hahaa. expect gd profit)
2) SBSTransit 13/2/07 (bus fare went up right?)
3) Singapore Food Industries 9/2/07 (consistent dividend for past few yrs)
4) Capitaland 14/2/07 (property price gd)
5) DBS 15/2/07 (interest rate increase)
6) Great Eastern 21/2/07 (consistent dividend)
7) UOB 28/2/07 (interest rate increase)

SAY FIRST HOR! LOSE MONEY IS NONE OF MY BUSINESS!!!