Wednesday, January 22, 2014

Pleasant Dividends Surprise from M1

M1 Special Dividends Day!
A whatsapp message came to my mobile yesterday from my friend Ah Pang. He knew that I had bought M1 shares recently and shown me a screenshot announcement from M1. I read it and it was indeed sweet.

Guess most of you have already heard about it. Barely 2 weeks after I bought the M1 stocks, they yesterday announced a special dividend payout of 71 cents this year, on top of the final dividend payout! That would mean a 4.3% yield from the amount that I paid for.

Not bad for a start! But now I have to treat Ah Pang as he is asking for it.

Research is King. Luck will always be Luck.

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