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 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 first stock in this particular series is the foundation stock of the portfolio and one that I have held for nearly 9 years, Sky City Entertainment Group Ltd [SKC.NZX].
The current holding of 36915 shares was kicked off by an initial purchase of 2500 (adjusted for 2: 1 share split) in October 2010 and a whole series of purchases up to November 2003, plus 1915 bought as part of a 2009 capital raising.
The stock cost a total of $148620.18, it has returned net dividends of $59445.55 and total tax credits of $33491.24, with $260.00 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 8.5 years is $92936.79
There has only been a capital gain on the 1915 shares bought in the 2009 capital raising which was acquired at $2.61 per share and the current capital value of the company in the Share Investor Portfolio as at 6 May 2011 is $135846.50. The capital loss therefore is $12773.68. This gives a total return on this share of $80163.11. This is a 53.90% return over 8.5 years or 6.34% net per annum.
I hold SKC therefore at a total cost of $68457.07 or $1.85 per share.
Disc: I own SKC shares in the Share Investor Portfolio
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Sky City Convention Centre Expansion a Money Loser: Part Two
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SKC Convention Centre power-point slide illustrations & SKC submission to Auckland City Council
Sky City Entertainment Group @ Share Investor
Sky City Entertainment Group Ltd: Presentation to Macquarie Group
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Guest Post - Michele Hewitson Interview: Nigel Morrison
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Sky City Entertainment Group Ltd: Christchurch Casino bid falls short of Investment Criteria
Sky City Entertainment Group Ltd: Never mind the width feel the volume
Sky City Annual Meeting & 2011 - 2012 Profit Forecast
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Share Investor Q & A: Sky City CEO, Nigel Morrison
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Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser
Sky City Entertainment Group Ltd: Download full Company analysis
Sky City 2010 full year profit looking good
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Sky City Entertainment Group 2010 Interim Profit Review
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Sky City Entertainment 2009 Interim Result Preamble
2008 Sky City profit analysis
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Sky City Entertainment 2008 Full Year profit results , NZX release, 2008 full year presentation, result briefing webcast, financial statements
Sky City 2008 profit preamble
Sky City outlines a clear future plan
As recession bites Sky City bites back
Sky City Assets: Buy, sell and hold
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Sky City Share Volumes set tongues wagging
Sky City half year exceptional on cost cutting
NZX Press release: Sky City profit to HY end Dec 2007
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Opposition to takeover
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Setting the record straight
Sky City CEO resigns
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Sky City Casino 2007 HY Profit(analysis)
Sky City Casino 2007 HY Profit
Discuss SKC @ Share Investor Forum
Download SKC Company Reports
Recommended Amazon Reading
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
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