Have just gotten my dividend payout of above counters. IOICORP interim 7sen, LONBISC first and final 5% and MNRB of 2nd dividend 5% respectively. Obviously, would expecting more payout in the near future. In the pipeline, BJTOTO, CARLSBG, GUINESS and MAYBULK are also declaring thier dividend payout as well. I particularly like MAYBULK's 30sen tax exempted, this translate to a 7% return of current price, is much higher comparing fixed deposit with mere 4%. The next in line which i expect a good dividend payout is PANAMY, PANAMY has a Nine-month net profit 40.825 million (increased 20.57%) would expect a 4th qtr result in end May and declaring its dividend in around end July. I guess it would be like final dividend of RM1 T.E which translate to a 9% return. Looks very much attractive, just got to wait patiently. Now you know why dividend play is such a boring waiting game, but the reward is slowly and surely. Till then happy trading.
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