今天把CIG歷年以來的年配息製成一表.
從1996年以來, 只有2004年沒有配息.
1996至2013, 一共配出現金 USD $25.9641557
平均每年配出 USD $1.442453094
假設平均每股成本為 $10, (10/1.442453094)=6.93年即可回收成本.
第七年以後就可以享受母雞下蛋的投資盈餘!
不管CIG漲跌, 只管每年是否有收到現金股利.
資料來源:
https://wwss.citissb.com/adr/gui ... amp;cusip=204409601
還有之前有查詢過,
1. Stock dividend 即是 Stock split. 也就是配股與拆股是一樣的意思, 當配股(stock dividend)比例超過25 %就稱為拆股(stock split)
The NYSE and market practice dictate that a stock dividend of 25% or more be classified as a stock split. Essentially, a stock split is a very large stock dividend. In addition, please note that the majority of all stock splits are payable in additional (“new”) shares of stock as a stock distribution. A stock split or stock dividend does not affect the equity of existing shareholders.
In light of the fact that this distribution is over 25%, the NYSE instituted Due Bills and a deferred “Ex” date on this corporate event. Basically, this is done to keep liquidity in the marketplace, thus avoiding margin calls (if the stock were to go ex in NY on the same day as in Brazil, before the credit of the "new" ADS shares, the price of the stock would be adjusted or devalued to reflect the split/stock dividend, but investors would not have the shares for the collateral so they would have to put up cash). The NYSE will defer trading the security "Ex" until one day after the ADR payable date.
Essentially, a due bill is a document delivered by a seller of a security to a buyer evidencing that any principal and interest, dividends or distributions received by the seller past the record date will be paid to the buyer by the seller upon submission of the due bill for redemption. The record date is the date for determining who will be paid principal, interest, dividends or distributions on a stock issue.
Refer to the NYSE Listing Manual - Section 703.02 (part 2) Stock Split/Stock Rights/Stock Dividend Listing Process - for additional information on Due Bills.
http://nysemanual.nyse.com/LCMTo ... 2Flcm%2Dsections%2F
2. CIG此次的現增, 新發行股票面價值為$0, as the new share capital comes from CIG's capital reserve account.
3. 此次的 stock split, 是為了增加特別股的流通性.
