$DBS Group Holdings (D05.SG)$ I owned 20000 shares of DBS. 1...
$DBS Group Holdings(D05.SG$ I owned 20000 shares of DBS. 1 for 10 bonus gives me 2000 shares which is about $62000 if the share price is 31.xx. This is better than special dividend isn't it?
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Reeve Liew : Blind spot lol , when they issue out bonus it will deduct the value from your original holding . So basically if the stock price retain , your market value is the same , just that you got more unit share now .
R and ROP Reeve Liew: If they give me special dividend, I would use the money to buy more shares anyway. So they are just doing it for me. and $62000 is alot. more than I expected.
Deep Sea : Definitely. Good for long term investors as they get extra cash every year.
Deep Sea Reeve Liew: But u get more cash dividend every year for bonus shares u get.
Reeve Liew Deep Sea: Yup , I understand that . I am ok for bonus / dividend/ or re investment option from DBS . Best stock I ever hold
beaver Queen R and ROP: will share price go down?
R and ROP beaver Queen: I'm buying DBS for long term, passive income play. doesn't matter whats the daily price movement.
Dante69 : keep as divd ATM.Hold 15/20 years