Mengenal Saham Bonus dan Dividen Saham

Summary

In this video, Anto from Stockbit Academy introduces the concept of bonus shares and stock dividends. He explains how these corporate actions provide additional free shares to investors, similar to cash dividends but in the form of stocks. The video covers key aspects like dividend ratios, the process of calculating theoretical X-date prices, and the impact on share value. While both bonus shares and stock dividends offer additional stock without cost, the video's core focus is on how to analyze and leverage these corporate actions for potential gains. Stay tuned for a deeper dive in the next video.

Takeaways

• 😀 A bonus share is when a company gives extra shares for free to its shareholders.
• 😀 Bonus shares and stock dividends are similar, as both distribute free shares instead of cash.
• 😀 The main difference between stock dividends and bonus shares lies in the accounting treatment and the impact on financial reports.
• 😀 The bonus or stock dividend ratio determines how many free shares an investor gets. For example, a 3:1 ratio means for every 3 shares owned, 1 additional share is granted.
• 😀 To calculate how many free shares you'll receive, divide the number of shares you own by the dividend ratio. For example, if you own 3000 shares with a 3:1 ratio, you get 1000 free shares.
• 😀 The ex-dividend date (XD) is the last date to hold shares and still be eligible for the bonus or stock dividend.
• 😀 The distribution date is when the free shares are actually distributed to investors.
• 😀 Investors might think they can buy shares just before the ex-dividend date and sell them right after to make a profit, but it’s more complicated due to the adjustment of share prices.
• 😀 The theoretical price on the ex-dividend date is calculated based on the price before the XD, adjusted for the increase in shares. For example, a 3:1 bonus at a price of 2000 would make the theoretical price 1500 per share on the XD.
• 😀 The total value of shares before and after the dividend remains the same. For example, owning 3 lots of shares at 2000 each before the dividend and 4 lots at 1500 after would still result in the same value.
• 😀 Understanding theoretical prices is essential if you plan to use stock dividends or bonus shares as a strategy to profit, but there’s no guarantee of profit as stock prices can vary.

Q & A

What is the main purpose of stock bonuses and stock dividends?

The main purpose of stock bonuses and stock dividends is to provide shareholders with additional shares of stock for free, similar to how cash dividends distribute money to shareholders. Both actions increase the number of shares held by the investor without requiring payment.

How do stock bonuses differ from stock dividends?

While both stock bonuses and stock dividends distribute additional shares for free, they differ in the technical accounting treatment and the effects they have on financial reports. The system for distributing shares is also different from cash dividends, as stock dividends are given in the form of additional shares, not cash.

What does the dividend ratio mean in stock bonuses and stock dividends?

The dividend ratio indicates how many new shares will be given for each share owned. For example, a 3:1 ratio means that for every 3 existing shares, an investor will receive 1 additional share.

How do you calculate how many bonus shares you will receive?

To calculate how many bonus shares you will receive, divide the number of shares you own by the dividend ratio. For example, if you own 3,000 shares and the ratio is 3:1, you will receive 1,000 bonus shares.

What is the significance of the ex-dividend date (XD) in stock bonuses and dividends?

The ex-dividend date (XD) is the last date you can own the stock to be eligible for receiving bonus or dividend shares. After this date, new buyers will not receive the bonus or dividend shares, and the stock price may adjust accordingly.

What is the distribution date in stock bonuses and dividends?

The distribution date is the date when the bonus or dividend shares are officially distributed to eligible shareholders. This is the point at which investors will see the additional shares added to their accounts.

Can you buy shares before the ex-dividend date and sell them on the ex-dividend date to profit from stock bonuses?

While it might seem like a strategy to buy shares before the ex-dividend date and sell on the ex-dividend date, the stock price typically adjusts to reflect the additional shares being distributed. Therefore, the potential for profit is not guaranteed, as the stock price may drop accordingly.

What is the theoretical price adjustment on the ex-dividend date (X Date)?

The theoretical price adjustment on the ex-dividend date is calculated by multiplying the pre-dividend price by the number of existing shares and dividing by the total number of shares after the dividend. This adjustment reflects the increase in the number of shares available and typically results in a drop in the stock price.

How do you calculate the theoretical price on the ex-dividend date?

The theoretical price is calculated using the formula: (Pre-dividend price * number of existing shares) / total number of shares after dividend. For example, if the stock price is Rp2,000 and the dividend ratio is 3:1, the theoretical price would be Rp1,500 after the dividend distribution.

How does the theoretical price reflect the value of the stock after the dividend or bonus shares are distributed?

The theoretical price reflects the adjusted value of the stock after the dividend or bonus shares are distributed. While the total value of the shares remains the same (pre- and post-dividend), the price per share typically drops due to the increased number of shares in circulation.