MANILA, Philippines – Do you feel stressed watching stock prices go up and down, unsure when to buy, sell, or hold stocks? As much as some research is needed, investing in stocks should not be stressful. Instead of working for your stocks, let your stocks work for you.
If you held on to your stocks up to November 2, you would have been entitled to dividends of P0.72 per stock, receiving P72.00 November 16. Once you sell your stocks, though, you are no longer a part-owner of the company and will not be entitled to future dividends. For example, Aboitiz Power reported in March that they would distribute dividends of P1.45 per stock, with March 15 ex-dividend date, March 18 record date, and March 30 payment date. This means that you should have bought AP stocks by March 15 and held them up to March 18 so you could receive dividends on March 30.