Blog Post  SingPost posts sinking dividends.

Reader:
I am a sad shareholder of Singpost. Final dividend is 0.5 cent. Should I continue to hold and wait for improvement?

Suspicious looking package at Singapore Post mail processing centre.
AK:
Those who thought they would continue to get 7c a year were delusional. I also said those who were expecting a reduced dividend per share (DPS) of 4.2c to 5.6c a year could be disappointed.
Now, we could see an annual DPS of only 2c. If you are still expecting a 5% dividend yield, it is quite depressing.
In my earlier blog on SingPost where I wondered what price I might pay to be a shareholder, I made some assumptions which gave me what I thought was a more realistic DPS of 3c.
A more than 70% reduction in DPS from 7c to 2c is a ...


Read the full post on A Singaporean Stockmarket Investor (ASSI)

sgx:s08

Like

posted

819 days ago

viewed

604 times

active

770 days ago

by

ak

Request to Follow

1 Reply

I am thinking to give up too looking at the performance and dividend payout. Better to divert to others.


posted 770 days ago
by
cisconet

Your Reply


Please login to post