Starhub released their Q4 and full year 2010 financial results, shortly after Singtel does (Singtel Analysis here)
As it turns out, the Edge magazine reports that Starhub is currently the highest yielding Singapore STI company at 7.6% with the next 2 closes being CapitaMall Trust and Singtel ( Full Tracking here at Dividend Stock Tracker)
Now a lot of people were very skeptical whether Starhub can pay a total of 20 cents dividends when it was trading at $2.15. That’s roughly 9.3% yield. Share price have since appreciate to $2.60 and yield fallen to 7.6%.
Questions ask were:
- Shrinking NAV, Enormous Debts and Paying more than Net Profit
- Competitive industry and losing EPL rights
- Ability to monetize mobile data communication
We will try to address these today after 1 year.
Free Cashflow, Dividend and Debt Analysis
Viewing the Q1 and Q2 reports made ...
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just as importantly as becoming the highest dividend yielding STI blue chip, Starhub has constantly, since 2005, been increasing their dividend payout. Even through 2008-2009 crisis period, they’ve maintained the 4.5 cents quarter dividend.