M1 Limited today announced its 4th quarter results and full year results.
At the same time it announced a juicy 7.7 + 3.5 cents dividend. in total the dividend is 17 cents making the dividend yield for the year 7% based on a share price of $2.50.
M1 is the darling stock
A lot of investors like M1. They seem to think they are the underdog Telco. They think it is the best managed with the best structure. I know because I used to think the same way.
Under the previous CEO, they really got a great structure going. And if you survey your friends they will tell you they are a very competent Telco operation wise. I think they got really good network and telco plans.
Singtel is the one that gives the lowest dividends and probably the big bad wolf. Starhub is the one which ...
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