Stocks Tutorial 7: Ex-Date, Ex-Dividend Date, Record Date
March 9, 2010
In our previous article How are profits made in the stock market? we learned that two types of income from stocks are stock dividends and cash dividends.
Stock dividends are dividends given to shareholders in the form of additional stocks. The actual number of shares to be received can be computed by multiplying the number of shares held by the declared stock dividend percentage.
Cash dividends, obviously, are dividends in the form of cash. They are usually stated in peso or dollar amount per share, so the stockholder earns that amount multiplied by the number of shares owned.
Dates are very important in dividends because they determine if a stockholder is entitled to receive dividends or not. The most important dates are the dividend declaration date, ex-date, record date, and payment date.
Philippine stock market performance in 2009
January 4, 2010
Happy days are here again.
A deluge of natural disasters, political bickerings and showbiz scandals may have hit the Philippines last year but the year 2009 was a rosy year for Philippine stocks.
From January to December 2009, the Philippine Stock Exchange index (PSEi) was up by 63%. This means a P100 million investment placed at the start of 2009 would be worth P163 million at the close of the year.
Free Seminar: Accounting in the Stock Market
September 24, 2009
The Philippine Stock Exchange (PSE) is inviting everyone to its quarterly industry briefing on Tuesday, September 29, 2009 from 3 p.m. to 5 p.m at the PSE Ortigas Trading Floor, 2nd Floor PSE Centre, Exchange Road, Ortigas Center, Pasig City.
The free event, entitled “Accounting in the Stock Market: An Industry Look at the Role and Importance of Accounting Information in the Stock Market” will feature presentations by the Philippine Institute of Certified Public Accountants (PICPA).
Stocks Basics 6: What are Price Trading Bands?
September 10, 2009
The Philippine Stock Exchange (PSE) recently approved the exemption of certain securities in the so-called price trading band.
With this limit lifted, certain securities can rise more than 50% in value or decline more than 40% within one trading day.
What are PRICE TRADING BANDS?
A trading band is a limit on the price fluctuation of a security. It intends to provide investors protection in case prices change drastically, especially if there is no relevant information that should cause dramatic price fluctuations.
PSE lifts trading band limit for some stocks
September 8, 2009
The Philippine Stock Exchange (PSE) approved in August 2009 rules to exempt certain stocks from the price trading band or the limit in the increases or decreases of stock prices within the day.
Philex Mining (PX) the next Meralco (MER)?
August 11, 2009
Another bidding war is supposedly in the making between the two groups allegedly responsible for the 275% increase in the price of Meralco (MER) during the last 7 months.
The latest battlefront: Philex Mining Corporation (Stock Code: PX).
Meralco officials sell MER shares, cash in P14.8 million
August 3, 2009
As stock traders and investors go gaga over the staggering price increase of the stock of Meralco (Stock Code: MER), several officials of the power distribution company are locking in profits by selling their shares, disclosure reports to the Philippine Stock Exchange (PSE) show.
In July alone, more than 65,000 shares were disposed by eight Meralco officers, with total value amounting to P14.8 million. Although each executive had varying amounts of proceeds, on the average, each one of them got around P1.8 million.
A list of Meralco officers and the number and value of the shares they sold in July are as follows.
The rise and (impending) fall of MERALCO
August 3, 2009
If you’re currently following the Philippine stock market, you’re most probably aware of the continuous surge in the price of Meralco (Stock Code: MER).
The stock of the power utility company was one of the Philippine Stock Exchange (PSE)’s biggest gainers during the first half of 2009.
As of July 31, it was up by a staggering 275% from its P58.00 price in January. In the month of July alone, the stock more than doubled in value, closing at an all-time high of P295.00 in July 29.
Best and worst PSE stocks: January-June 2009
July 9, 2009
Earlier this week, we reported that the Philippine Stock Exchange index (PSEi) ended the first half of 2009 up by as much as 30%.
We’ve also identified the Mining and Oil and Industrial sectors as the main contributors for this rise in stock prices.
But which specific stocks had the best and worst performance from January to June 2009?
Read on.
PSE stocks performance: January – June 2009
July 6, 2009
Philippine stocks are currently on the upswing even though the global economic recession is still hurting many investors worldwide.
The Philippine Stock Exchange Index (PSEi), a composite of 30 stocks traded in the Philippine Stock Exchange used to track the general movement of market prices, ended the first half of the year up as much as 30%.
