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Monday, March 10, 2014

Dividend Play on TEL

Philippine Long Distance Telephone Company recently announced a 62Php regular dividend with ex-date on March 13, 2014. As if that isn't enough, the telco giant also declared a 54Php special dividend. At TEL's current price of 2800 per share, an investor will have dividend returns of 4%!. If you have remaining cash lying I'm mark TEL as a priority BUY. IIF you really don't want the stock you can just dispose of it by March 13 and you'll still be entitled for the dividend! That's a safe way to earn 4% in a few days if you ask me.

The payment date of the Dividend is April 16.

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The information provided in our review may not be as relevant today given the time gaps and change in varying economic conditions. While we strive to account every business possibilities that may affect a company's profitability, this is not a recommendation to buy or sell these particular stocks. We cannot be held liable for any investment decisions made in consequence to our articles.