Standard Life

[madham]

I have 644 shares, if the price closes on 1st April at 315 as it did yesterday and I paid 230 for them, how much can I expect to be paid out? Thank you.

[BigMac]

You will receive: 644 x 315 = 2,028.60 minus dealing costs (say 12.50) = �2,014.10.

The price you paid doesn't affect how much you would receive - it affects the profit (loss) you make. In this case, excluding any dealing costs, it would be: 315 - 230 = 85 x 644 = �547.40.

This also assumes you haven't sold any other shares this financial year that would take you over the annual CGT limit(approximately �7.5k)

[madham]

Oh my giddy aunt, I am certainly looking forward to the year end then.

Thank you BigMac for your answer.