KLSE (MYR): HEXIND (0161)
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Last Price
0.45
Today's Change
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Day's Change
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Beza
1,847 posts
Posted by Beza > 2015-07-22 08:27 | Report Abuse
This is also a div counter. If Paying 1 cent div annually, then the price should be 26 cents (3.85% div), 27 cents (3.7% div), ..., 30 cents (3.33% div), a bit better than bank interest rate. While if it pays 2 cents div annually, then the price should be 26 cents for 7.69% div, 27 cents for 7.4% div,..., 30 cents for 6.67% div.