Saving & Spending
Singapura Finance: 1 for 1 rights issue.
By A Singaporean Stockmarket Investor (ASSI)  •  September 30, 2014
I have been a Singapura Finance shareholder for a few years. If you have not heard of Singapura Finance, well, it is not surprising as it is one of those sleepy stocks that don't really shout out for attention.
Why did I become a shareholder a few years ago? 1. They have a good track record of rewarding shareholders with meaningful dividends. 2. The stock was trading at a big discount to NAV. (It still is.) Nothing exciting, really. Just the usual stuff I look out for. In the last few years, however, earnings came under pressure. EPS declined and dividend per share (DPS) also declined.
The reason really is due to the low interest rates environment and the Chairman said: "The Singapore Dollar interest rate, which closely tracked the US Dollar interest rate, remained at an exceptional low level throughout the year. As a result of ......
Read the full article
By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance