Dividend Stock Portfolio

[Shiny Things]

Not for foreigner.

Er, what? Dividends paid by US-listed stocks to foreign investors are slugged 30% withholding tax (except in certain weird cases like muni bonds, but in those cases, the yield is almost always lower to offset the tax break).

 

[vince123123]

Glad to see you pop by. Any thoughts on how (or should it?) a dividend portfolio would fit in relation to your recommendations in the eBook?

Er, what? Dividends paid by US-listed stocks to foreign investors are slugged 30% withholding tax (except in certain weird cases like muni bonds, but in those cases, the yield is almost always lower to offset the tax break).

 

[Perisher]

Not for foreigner.

Got leh, been taxed 30% for 4 years liao. You mean you never pay tax for holding US stocks as a Singaporean?

 

[Android user]

8.4% dividend but with some questions on the gearing, refinancing of MTN due in January 2017, refinancing local Japanese debt maturing in FY2018.

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[wahkao3]

Don't be hard up over dividends.!!!!!!!!!!!!!!!!!!!!!!!!

Don't be hard up over dividends.
Best to find stocks that have ok dividends but strong growth fundamentals.

Price move because of catalyst. So have to find near-term catalyst .. that you think will move the price up..

 

[Sai777]

8.4% dividend but with some questions on the gearing, refinancing of MTN due in January 2017, refinancing local Japanese debt maturing in FY2018.

Sent from Xiaomi REDMI NOTE 3 using GAGT

Bloomberg shows the gross yield is only 3.81%

 

[kidz]

Bookmark!!

 

[Android user]

Bloomberg shows the gross yield is only 3.81%

Google finance show 8.34%, maybe Bloomberg only calculate last quarter dividend? Another for checking:
http://sgxdata.pebbleslab.com/index.asp?m=2&NC=S6NU

 

[OngHuatHuat]

Gearing a bit on the high side.

8.4% dividend but with some questions on the gearing, refinancing of MTN due in January 2017, refinancing local Japanese debt maturing in FY2018.

Sent from Xiaomi REDMI NOTE 3 using GAGT

 

[homer123]

No, I did not pay any withholding tax. My investment is mainly bond,CEF,ETF and preferred trust (no stocks).. I get the full interest and dividend all the times . I remember I sign a tax form not to be subjected to withholding tax.

Got leh, been taxed 30% for 4 years liao. You mean you never pay tax for holding US stocks as a Singaporean?

 

[chuanz]

No, I did not pay any withholding tax. My investment is mainly bond,CEF,ETF and preferred trust (no stocks).. I get the full interest and dividend all the times . I remember I sign a tax form not to be subjected to withholding tax.

Are you holding a US passport?

Otherwise, the "tax form" would be the W-8BEN and definitely witholding tax is applied on your divvy. https://www.irs.gov/individuals/international-taxpayers/nra-withholding

 

[homer123]

Maybe I got confused with the taxes I paid. When I work in the US, I paid tax on all dividend and interest from my investment as part of my income tax. When I come back to the Spore, I don't file any more US taxes. As for withholding tax, the brokerage did auto deduct them on dividend from US stock...but since now I don't own US stock ...only bond,CEF,ETF and preferred trust , I never see any withholding tax on my brokerage statement.

 

[peacefulday]

No, I did not pay any withholding tax. My investment is mainly bond,CEF,ETF and preferred trust (no stocks).. I get the full interest and dividend all the times . I remember I sign a tax form not to be subjected to withholding tax.

i been receiving years of US ADR quarterly scrip div & reinvestment it and also like not subject to any form of withhold tax. Don't know why

 

[peacefulday]

i been receiving years of US ADR quarterly scrip div & reinvestment it and also like not subject to any form of withhold tax. Don't know why

your dividend really can avoid being taxed if the stock have an opt for scrip dividend. By compound it to achieve passive and further capital gain once it enhanced further

just sharing this,
http://www.fool.com/how-to-invest/p...o-avoid-foreign-dividend-withholding-tax.aspx

 

[OngHuatHuat]

Received first round of dividend from HSBC.

 

[homer123]

Where did u buy ur HSBC and what was its yield?

Received first round of dividend from HSBC.

 

[OngHuatHuat]

I bought quite many times, started from 55 hkd per share, back then yield was around 7 %, now drop already due to price appreciation.

Where did u buy ur HSBC and what was its yield?

 

[homer123]

I bought quite many times, started from 55 hkd per share, back then yield was around 7 %, now drop already due to price appreciation.

I just checked in Yahoo Finance, the yield is 7.12% ..much better than our local bank. Did u use a local brokerage or IB to buy?

HSBC Holdings plc (Hong Kong)
HKG: 0005 - Oct 20, 4:09 PM GMT+8
58.80HKDPrice increase0.53 (0.91%)

Price increasePrice decrease
No chart available
Open
58.60
High
58.80
Low
58.55
Mkt cap
-
P/E ratio
17.46
Div yield
7.12%

 

[OngHuatHuat]

I used IB. The dividend normally 0.51 usd or 0.5 usd per year, you can check it against current price.

The management has promised consistent dividend payout(absolute amount) and they are selling non performing assets to improve earnings and at the same time doing sharebuybacks.

You can keep a look out for its third quarter result. I have plan to raise my stake to at least 10 k shares in HSBC, so my view may be biased.

I just checked in Yahoo Finance, the yield is 7.12% ..much better than our local bank. Did u use a local brokerage or IB to buy?

HSBC Holdings plc (Hong Kong)
HKG: 0005 - Oct 20, 4:09 PM GMT+8
58.80HKDPrice increase0.53 (0.91%)

Price increasePrice decrease
No chart available
Open
58.60
High
58.80
Low
58.55
Mkt cap
-
P/E ratio
17.46
Div yield
7.12%

 

[homer123]

I might buy some since HSBC is at almost 20 years low.