Hutchinson Ports Holdings Trust (“HPH”) has delivered a set of quarterly results which is good, driven by the sales of its stake in Asia Containers Terminals (“ACT”). HPH as a stock is the best performer in STI, when it comes to dividends yields payouts as HPH has been paying its unit holders an average payouts of around 7.8%.
I bought HPH at IPO some years back and to-date, this stock has not risen in price above its IPO pricing of US $1.03. However I am happy as this stock has been giving me good dividends and I intend to keep this stock as an income-play in my stock portfolio. So far, I have not “dollar-cost-average” this stock though I intend to do so should this stock heads south in price say to the low sixty-cents range (on hindsight, I could have acted when the stock was trading in ......