Super Gain Tax effect on shares

capitallinkceylon · 1 Super Gain Tax effect on shares Fri Oct 30, 2015 4:48 pm

capitallinkceylon

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Super Gain Tax effect on shares Dhdfndfhdfh

High dividend yield paying shares such as SAMP PLC DFCC NEST HNB CTC and NDB will be hampered with this sought of shares. I think following companies will swallow this tax hit by declaring lower dividend amount

fireshelter · 2 Re: Super Gain Tax effect on shares Fri Oct 30, 2015 4:50 pm

fireshelter

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I think this effects already Adjusted in the market

glad · 3 Re: Super Gain Tax effect on shares Sat Oct 31, 2015 6:28 am

glad

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Thank you for the information.
How much is given to pay the full amount?

Top Trader · 4 Re: Super Gain Tax effect on shares Sat Oct 31, 2015 6:44 am

Top Trader

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capitallinkceylon wrote:

High dividend yield paying shares such as SAMP PLC DFCC NEST HNB CTC and NDB will be hampered with this sought of shares. I think following companies will swallow this tax hit by declaring lower dividend amount

Look at the last dividend announcement from LLUB, if the management wanted to keep the dividend payout, these will not affect it

glad · 5 Re: Super Gain Tax effect on shares Sat Oct 31, 2015 6:47 am

glad

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Good old LLUB, hope other super tax companies will do the same.

capitallinkceylon · 6 Re: Super Gain Tax effect on shares Sat Oct 31, 2015 9:32 am

capitallinkceylon

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companies like LLUB gives dividend in stages so they can managed the cash flow easily, but if you take SAMP, they give dividend in one go.

Sampath always rotate there dividend, if they give full cash dividend last yr, next yr they will give scrip dividend + cash dividend.
Last year they gave Cash+scrip, but this year i think due to SGT, they will decide to give SCRIP dividend this year also.