We know that dividend income is one of several ways to make money from stock investing. But aside from that, what else do we know … Read More
In the past weeks, several local companies announced that they are distributing stock dividends. Interestingly, all four are issuing stock dividends as a way of raising their company’s capital stock.
Check out the following news excerpts of the dividend announcements.
We have highlighted several times before the value of Dividends, which are distribution of income by the company to its shareholders. Dividends may be in the form of stocks or cold, hard cash, but regardless of the method, dividend payments are always good news to investors who receive these instant and outright profits.
Here are relevant dates you need to know that are related to the announcement and distribution of dividends by companies.
Earlier this morning, I panicked after logging in to my BPITrade online trading account because one of my holdings, Philex Mining Corporation (Stock Code: PX) was trading at only P7.50 per share.
You can’t blame me. Only yesterday, the stock was trading at P9.40 and a P7.50 market price means a steep one-day decline of 20% (read: WTF! I’m losing a lot of money in just one day!).
My PX shares at P8.80
At P7.50, I stand to lose money because I originally bought PX shares at P8.80.
I scoured local news websites for any update on what caused Philex’s price to drop. I found nothing. Is this the end of my trading account? Should I just accept the fact that I lost a lot of money in this stock?
