I have a “love and hate” relationship with one of the stocks I own. Why it that so? Well, ever since I bought the stock at its IPO price, its price has been staying below my purchase price, hence I am not happy at its stock performance. However when it comes to dividends payouts, the dividends have been good. To illustrate this, just look at the dividends which I have been receiving these years from my capital of $2,590 into two thousand shares of this stock.
Year 2011: $45.16
Year 2012: $152.67
Year 2013: $148.89
Year 2014: $133.06
Year 2015: $77.33 (till now)
This works out to a dividends received of SGD 557.11.
The stock is current trading at USD 0.70 (SGD $0.96) meaning to say if I sell my stocks now, I would receive SGD 1,920 (26% below my cost), a ......