Although they have held bank shares for 20 years, everyone's income is not necessarily the same. Next, let's calculate the situation of people who have held it for 20 years. Let's take Ping An Bank as an example. The listing date is:1991April 3.
The first step, let's take a look at the dividend situation since Ping An Bank went public. Since the listing of 199 1, Ping An Bank has paid dividends for 28 years, including 20 times in 20 12, 2009-201,2003-2006, 2000 and 65438. 20 12 is divided into two dividends, and the execution time is 20 12 and 20 13 respectively.
The second step is to calculate what it will be like to keep China safe for 20 years according to different scenarios. The first case: buy or hold at the time of issuance.
Here is a table, which can well explain what kind of income you can get from holding stocks when you issue them.
As can be seen from the above figure, if you had held China Ping An 10 shares at that time, you would have received a dividend of 8 19 shares, with a cash dividend of 29.27 yuan (after tax).
China Ping An's issue price is 40 yuan, 10 share cost is 400 yuan. The shareholding has become 10+8 19=829 shares. At present, the price per share is about 14 yuan, and only some shares are worth 829 *14 =11606 yuan. Cash dividends seem a bit insignificant, and because the collection method and tax rate of dividend tax have changed many times in domestic history, it will not be considered first. I earned more than 20 times just by looking at the red shares.
Of course, the cost will be higher if it starts on the first day of listing, but so far, these high costs can be ignored.
The second case: look at the market high 1997 and buy the income that has been held for 20 years.
Let's adjust the above table and adjust the purchase time to 1997. Then the amount of cash and stock dividends obtained so far has changed a lot.
This time, 49 shares were added, and the number of shares currently held became 10+49=59 shares. At that time, the cost of holding 10 shares was 10*48=480 yuan. The value of holding 59 shares today is 59 shares * 14 yuan =826 yuan plus dividends, and the income has not doubled. On the whole, this investment is not suitable.
The third step is to calculate other banks in the same way.
Take Huaxia Bank listed in 2003 as an example. If it is held from the listing date, it will hold shares for 65,438+06 years.
If you held 10 shares at the time of listing, the number of shares has now doubled to 22 shares.
The listing price of Huaxia Bank is 5.6 yuan, and the closing price on the first day of listing is 7. 15 yuan. The cost of 10 is 56 yuan and 7 1.5 yuan respectively. The current price of Huaxia Bank is around 7 yuan, and its current market value is 7 yuan *22 shares = 154 yuan. Plus cash dividends, the income is 2-3 times.
To sum up, holding bank stocks for 20 years may not lose money, but the amount of income varies greatly.
The gap is related to whether to buy at the issue price and the timing of the bank's listing.
1. Issue price and transaction price. In any case, the issue price is still lower than the transaction price on the first day of listing, so if it is a stock that is won in the new shares at the time of issuance, the cost will be much lower and the income will be higher.
2. Market environment at the time of listing. In addition, if the bank is listed in a bull market, the issue price itself will be higher, and the cost for investors to acquire shares at this time will be higher. Moreover, this higher price still needs to be consumed by the market for a period of time, so even if it is held for a long time, the income will not be too high.
3. It is related to investors' buying timing. If you buy some cheap stocks when the market is not very good, the cost is low, and if you hold them for 20 years, the income will definitely be very different from that when you buy them in a bull market.