Author Topic: REINVESTING DIVIDENDS  (Read 7322 times)

trevormuche

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Re: REINVESTING DIVIDENDS
« Reply #30 on: January 05, 2017, 09:20:34 am »
If i understood the question correctly, all you need is to open a brokerage account that offers international stocks and ETFs. The ones I know are Standard Bank Webtrader (fees 0.25% pa - too high), ABSA Word Trader (fees 0.1% pa), Sanlam iTrade (fees 0,25% pa) and Saxo Bank (no fees - but minimum initial amount required by Saxo Bank is $10,000 but all the other guys require a minimum initial amount of $1,000). When you brokerage is up and running, you can simply transfer the money to the brokers bank account then you good to go. To buy Vanguard ETFs, just enter the name of the ETF you want to buy then click buy. That's just about it

Except SAXO charge you USD100 if the account is inactive for 6months! Thanks for pointing me to ABSA's management fee for EXACTLY the same platform as Std's Webtrader. The fee is 0.2% not 0.25% but still twice ABSA's! Let's see what they have to say for themselves about this...

My bad, yes the fee is 0.2% for Standard Bank Webtrader. Sanlam itrade charges 0.25% for the same platform. As for Saxo Bank, I asked them about the $100 inactivity fee and they said it doesn't apply to South African residence accounts. Its a fee for folks with accounts domiciled in Europe. So one will never be charged that fee

conradl

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Re: REINVESTING DIVIDENDS
« Reply #31 on: January 05, 2017, 09:23:25 am »
My bad, yes the fee is 0.2% for Standard Bank Webtrader. Sanlam itrade charges 0.25% for the same platform. As for Saxo Bank, I asked them about the $100 inactivity fee and they said it doesn't apply to South African residence accounts. Its a fee for folks with accounts domiciled in Europe. So one will never be charged that fee

Now that is interesting news. Have you opened an account with Saxo?

rjthomas

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Tracking Dividends
« Reply #32 on: January 23, 2018, 06:02:30 pm »
Good afternoon everyone

I usually read news websites like Moneyweb, Biznews, Fin24, etc. And I use ShareData.co.za to track my portfolio on a daily basis. However, I don't have a good way to track the dividend payout dates. What do you recommend?

ciao!
Ramon
South African working in China since 2012

Hamster

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Re: REINVESTING DIVIDENDS
« Reply #33 on: January 23, 2018, 07:30:23 pm »
Good afternoon everyone

I usually read news websites like Moneyweb, Biznews, Fin24, etc. And I use ShareData.co.za to track my portfolio on a daily basis. However, I don't have a good way to track the dividend payout dates. What do you recommend?

ciao!
Ramon
Track the SENS for the shares you are invested in?

rjthomas

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Tracking Dividends Payment Dates
« Reply #34 on: January 23, 2018, 11:32:01 pm »
How about a calendar giving the dates for the JSE companies publishing the dividend payouts. I want to add them to my Google Calendar.
South African working in China since 2012

Hamster

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Re: REINVESTING DIVIDENDS
« Reply #35 on: January 24, 2018, 05:21:12 am »
I don't think the companies know the dates themselves so far in advance.

gcr

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Re: REINVESTING DIVIDENDS
« Reply #36 on: January 24, 2018, 09:55:24 am »
On my platform I can dive into each share that I holds fact sheet and a component of that is when interim/final ad AGM's will be held - admittedly they don't give the exact dates of future results releases. As an example my Adapt IT shares show the following information
AGM 23 Nov 2018
Final June 18 28 Aug 2018 (year end and release date) unconfirmed
Interim Dec 17 25 Jan 18 (release date) Confirmed

Hope this helps
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Hamster

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Re: REINVESTING DIVIDENDS
« Reply #37 on: January 24, 2018, 11:27:49 am »
If it helps, I keep a file like this around and check it now and again:

Code: [Select]
<html>
  <head>
    <title>Investments</title>
  </head>
  <body>
    <h3>Shares</h3>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=AVI" target="_blank">AVI</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=BVT" target="_blank">BVT</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=CPI" target="_blank">CPI</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=CLS" target="_blank">CLS</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=DSY" target="_blank">DSY</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=KIO" target="_blank">KIO</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=NPN" target="_blank">NPN</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=RES" target="_blank">RES</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=SHP" target="_blank">SHP</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=SRE" target="_blank">SRE</a><br/>
   
    <h3>TFSA</h3>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=PTXTEN" target="_blank">PTXTEN</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=STXWDM" target="_blank">STXWDM</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=STXEMG" target="_blank">STXEMG</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=STXQUA" target="_blank">STXQUA</a><br/>
   
    <h3>ETFs</h3>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=PTXTEN" target="_blank">PTXTEN</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=NFEMOM" target="_blank">NFEMOM</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=SYGWD" target="_blank">SYGWD</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=SYG4IR" target="_blank">SYG4IR</a><br/>
    <a href="http://www.sharenet.co.za/free/sens/list_sens.phtml?scode=STXWDM" target="_blank">STXWDM</a><br/>
 
  </body>
</html>

Copy the text into a file (notepad will do) and save it as shares.html
Change the lines according to the tickers you are interested in.

Moneypenny

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Re: Tracking Dividends Payment Dates
« Reply #38 on: January 24, 2018, 02:46:28 pm »
How about a calendar giving the dates for the JSE companies publishing the dividend payouts. I want to add them to my Google Calendar.

Do-able - the info is out there. 

Last day to trade, Div Pay-day, Expected results (quarterly, interim, final), Ex-div, AGM's, listings, suspensions.

You won't be able to get a database with this info I think (I'm not aware of one), but we (forum members) could add info to a calendar if somebody create/copy edible calendar which all members can access and contribute to? 


Edit:
Could also bring in economic calendar like ZAR PPI tomorrow 9:30, EUR ECB Rated Decision 12:45, EUR ECB Monetary policy statement press conference 13:30, Bank of Japan Monetary Policy meeting minutes 23:50 – if you try to trade ALSI and you’re not aware of these, you’ll burn to a crisp in no time, not even talking about divvies on ALSI, if you’re long you pay the divvie, if you’re short they pay you – to give you an idea, once I had tree contacts on Alsi open, come Friday afternoon 16:50 and I was credited with R60 000.  If I was long, I would have paid R60 000 – I’m super aware of world economic calendars and Alsi divvies now. Had reminders set up on my phone, tablet, computer – everywhere.  :D


« Last Edit: January 24, 2018, 03:06:27 pm by Moneypenny »
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