03rd Interim Dividend - LLUB

Gaja · 1 03rd Interim Dividend - LLUB Wed Dec 14, 2011 5:28 pm

Gaja

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14-Dec-2011 DIVIDEND ANNOUNCEMENT - LLUB

CHEVRON LUBRICANTS LANKA PLC
Company ID: - LLUB
Date of Announcement: - 14.Dec.2011
Rate of Dividend: - Rs. 3.50 per share / Third Interim Dividend
Financial Year: - 2011
XD: - 23.Dec.2011
Payment: - 04.Jan.2012
Share Transfer Book Open

Tiger · 2 Re: 03rd Interim Dividend - LLUB Wed Dec 14, 2011 5:45 pm

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Great, just bought into this couple of days before.

UKboy · 3 Re: 03rd Interim Dividend - LLUB Wed Dec 14, 2011 5:46 pm

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What a wonderful share is this I love you

Wish I did not sell this share earlier. Neutral

LLUB is the only counter still I cannt buy (if I want) below what I sold few months back.

bakapandithaya · 4 Re: 03rd Interim Dividend - LLUB Wed Dec 14, 2011 5:47 pm

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Gaja wrote:14-Dec-2011 DIVIDEND ANNOUNCEMENT - LLUB

CHEVRON LUBRICANTS LANKA PLC
Company ID: - LLUB
Date of Announcement: - 14.Dec.2011
Rate of Dividend: - Rs. 3.50 per share / Third Interim Dividend
Financial Year: - 2011
XD: - 23.Dec.2011
Payment: - 04.Jan.2012
Share Transfer Book Open

Only dividends are helping these days Crying or Very sad

Antonym · 5 Re: 03rd Interim Dividend - LLUB Wed Dec 14, 2011 5:51 pm

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These LLUB guys are good... They had announced a Rs 3 dividend less than 2 months ago!
Dividend Yield > 7% per year
(I also bought 500 LLUB shares for the 1st time, just yesterday!)

raa · 6 Re: 03rd Interim Dividend - LLUB Thu Dec 15, 2011 10:42 am

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LLUB isn't as attractive as it used to be. Dividends won't grow as much anymore (I think they'll actually reduce to 8 or 8.5), but it is still one of the better dividend paying stocks and a stable source of income in the long run.

Gaja · 7 Re: 03rd Interim Dividend - LLUB Thu Dec 15, 2011 10:46 am

Gaja

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raa wrote:LLUB isn't as attractive as it used to be. Dividends won't grow as much anymore (I think they'll actually reduce to 8 or 8.5), but it is still one of the better dividend paying stocks and a stable source of income in the long run.

yes now they gave around 12/= as dividend per year but don't forget the fact that they did a share split sometime back and the present price is same as the price before the split. So the dividends are in addition to the 100% Capital Gain

Antonym · 8 Re: 03rd Interim Dividend - LLUB Thu Dec 15, 2011 1:33 pm

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Gaja wrote:

raa wrote:LLUB isn't as attractive as it used to be. Dividends won't grow as much anymore (I think they'll actually reduce to 8 or 8.5), but it is still one of the better dividend paying stocks and a stable source of income in the long run.

yes now they gave around 12/= as dividend per year but don't forget the fact that they did a share split sometime back and the present price is same as the price before the split. So the dividends are in addition to the 100% Capital Gain

@raa: While looking for a share with high Dividend Yield and consistent Payouts, I chose LLUB. Can you kindly recommend any better share? (I also looked at JINS, but the many negative posts put me off.)

smallville · 9 Re: 03rd Interim Dividend - LLUB Thu Dec 15, 2011 5:09 pm

smallville

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Antonym wrote:

Gaja wrote:

raa wrote:LLUB isn't as attractive as it used to be. Dividends won't grow as much anymore (I think they'll actually reduce to 8 or 8.5), but it is still one of the better dividend paying stocks and a stable source of income in the long run.

yes now they gave around 12/= as dividend per year but don't forget the fact that they did a share split sometime back and the present price is same as the price before the split. So the dividends are in addition to the 100% Capital Gain

@raa: While looking for a share with high Dividend Yield and consistent Payouts, I chose LLUB. Can you kindly recommend any better share? (I also looked at JINS, but the many negative posts put me off.)

Have you forgotten NEST?

WildBear · 10 Re: 03rd Interim Dividend - LLUB Thu Dec 15, 2011 5:26 pm

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Those who bought LLUB around 160 before 1:1 split, now enjoying Dividend Yield of 15 %, which is way higher than FD interest rate and that is in addition to 100 % capital gain. If we buy now and hold this for 2 years, again we'll be able to reach a dividend yield over 12 % with over 80 % capital gain according to recent earning forecast made by Asia Wealth Management research report.

Antonym · 11 Re: 03rd Interim Dividend - LLUB Thu Dec 15, 2011 9:04 pm

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smallville wrote:

Have you forgotten NEST?

NEST gave a dividend of Rs 34.50 per share for 2010.
Current share price is Rs 860.
Therefore, Dividend Yield is (34.50/860) = only 4%.

Even if they declare dividend of Rs 50 for 2011, the yield would be 5.8% - which is good, but not as good as LLUB.