Saturday, May 25, 2013

Metrobank Stock Dividend Approved by Bangko Sentral ng Pilipinas

Last April 4, I wrote about a cash dividend given by Metrobank (MBT is the stock code in Philippine Stock Market). Post on MBT Cash Dividend.

Now we have a news from my online broker COL Financial that the stock dividend to be given by MBT is now approved. Here are some of the details:

Metrobank has been in my portfolio for more than a year. I started accumulating shares from this very good company since 2012. So far, it has given me a satisfactory "projected" profit not adding the dividend that I got. I used the term "projected" since I haven't sold my stocks yet so technically, it is not yet added in my balance. To materialize my profit, I have to sell but I am still waiting for the right time to do that. By right time I mean hitting the Target Price that Truly Rich Club has suggested based on their researches. I trust them a lot when it comes to Stock Market stuff.

 As of last Friday's trading, my investment in MBT has the highest gain beating my First Philippine Holdings (FPH) investment which has the highest percentage in my portfolio. It almost reached the target price but resilience has been very much strong that it pulled the price back again to Php 133.70.

Check out my blog every now and then for announcements on the Ex-Date and when the dividends will be credited to your account.

Here's a snapshot of my portfolio comparing FPH and MBT gains:

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Happy Investing!

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1 comment:

  1. Thank you Catherine for sharing the information. Investing in dividend stocks requires you to be updated with the current market position. Or an investor may hire services of an expert to help him decide on selecting a perfect portfolio. Reach out to these financial experts online to minimize your risks.