Ayala Corporation will pay regular cash dividend of 2.00 pesos per share for the first semester ending 30 June 2009, the company said in a disclosure sent to the Philippine Stock Exchange after the board meeting.Marginal Stock Trader remains firm on his decision to have a long position in Ayala Corporation stock this month of June 2009 even after the dividend declaration.
Our trendline moving upwards established almost a month ago remained intact despite the lower closing prices of the past two days. The downward closing prices are still above the primary and secondary lines of our trend channel.
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Long Position in Ayala Corporation
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