Tuesday, May 24, 2011

Share Investor's Total Returns: Auckland International Airport Ltd

I have written about returns for stocks on a general basis in the Long Term View series of posts and the Long VS Short series but in this series, Share Investor's Total Returns, I will be giving my actual returns for stocks in the Share Investor Portfolio for as long as I have held them.

The return calculation will include dividends earned along with qualifying tax credits and of course any capital increase in the share price. It will be a total return over the length of holding of the share expressed in overall dollar figures with an individual value per share of what the stock currently is held at.

The seventh stock in this particular series is a star of the portfolio and one that I have held for nearly 4.5 years, Auckland International Ltd [AIA.NZX]

The current holding of 5312 was kicked off by an initial purchase of 1000 in November 2006 plus 312 bought as part of a 2009 capital raising and the latest, 2000 purchased in April 2009 and a further 2000 in July 2009.

The stock cost a total of $9084.80. It has returned net dividends of $1053.99 and total tax credits of $480.88, with $94.00 in brokerage.

I am eligible for the full tax credit so if the gross dividend (net dividend plus tax credits)is added and brokerage taken off my full return over the total holding period of 4.5 years is $1440.87

The current capital value of the company in the Share Investor Portfolio as at 20 May 2011 is $10729.30. The capital gain therefore is $1738.50. This gives a total return on this share of $3179.37. This is a 34.5% return over 4.5 years or a 7.6% gain per annum.

I hold AIA therefore at a total cost of $5999.43 or $1.12 per share.


Disc: I own AIA shares in the Share Investor Portfolio


Share Investor's Total Returns Series

Pumpkin Patch Ltd
Michael Hill International Ltd
Freightways Ltd
Mainfreight Ltd
Sky City Entertainment Group Ltd
The Warehouse Group Ltd




Queenstown Airport Buyout @ Share Investor

Auckland Airport CEO on Queenstown Airport Fracas
Queenstown Airport: Court Case looks set to Drag
Queenstown Airport: Loud Voices & Loyalty
Queenstown Airport: Air New Zealand's Crocodile Tears
Queenstown Airport: AIA purchase good Long-Term but will cost shareholders Short-Term

AIA @ Share Investor

Queenstown Airport: Queenstown Airport Update

Share Investor Q & A: Auckland Airport's Simon Moutter
Auckland Council look set for a Auckland Airport Takeover
Auckland City Council new AIA Policy Doc
Make me an offer I cant refuse: Auckland International Airport Ltd
Long Term View: Auckland International Airport
VIDEO - Simon Moutter on Australian Airport Purchase
Auckland Airport Capital Raising a fair call
Auckland International Airport lands Australian Ports
What Infratil sale of Auckland Airport stake means...
Is another Auckland Airport bid likely under a business friendly Government?
Latest Airport coverage
Cullen's move on Auckland Airport has far reaching effects
Cullen's move on AIA tax plan Anti-Business
AIA profit stays grounded
Softening opposition to CPPIB bid for AIA
Directors of AIA bribe brokers not to sell
What is Auckland Airport worth to you?
Second bite at AIA by CPPIB might just fly
AIA new directors must focus on shareholders
Auckland Airport merger deal nosedives
The Canadians have landed
AIA incentive scheme must fly out the window
Government market manipulation over AIA/DAE deal
DAE move on AIA: Will it fly?


Discuss this Stock @ Share Investor Forum - Register free
Download AIA Company Reports




Ready Fire Aim: The Mainfreight Story
Ready Fire Aim: The Mainfreight Story by Keith Davies






c Share Investor 2011