Tuesday, October 7, 2014

High Dividend Stock CMpacific Ex Dividend soon




CM Pacific weekly chart above, long term uptrending stock. Going to ex date on 16 october. Annual Dividend 0.0707, Annual Dividend Yield 7.5%

Date                Company Name                    
16 Oct 2014 CMPacific Ex-Dividend DIVIDEND : SGD 0.035 TAX EXEMPT (ONE-TIER)
Record Date: 20 Oct 2014
Payable Date: 07 Nov 2014

Business Summary
China Merchants Holdings Pacific Ltd is a Singapore-based investment holding company. It is one of the toll road operators in China and is the toll road company. It operates in two segments: Toll road operations and Property development. Toll road operations are engaged in the management of the operations of toll roads. Property development is engaged in the residential house building and land development, and provision of mortgage financing for the purchase of residential houses. It invests in and operates four toll roads in China. In August 2014, the Company announces that Yuexi Highway Pte. Ltd., Yushao Expressway Pte. Ltd and Yudeng Expressway Pte. Ltd dormant wholly owned subsidiary companies have been placed under members' voluntary liquidation. In September 2014, the Company acquired Hong Kong Honest Queen International Investment Ltd. 

Found this website which explain more on the fundamental side of CMpacific
http://www.investmentmoats.com/money-management/dividend-investing/china-merchant-pacific-holdingsa-surprise-7-5-yield/
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