Shares & Derivatives
Jardine C&C – Possible Oppourtunity for Dividends
By Some Ideas on Investing in Singapore  •  June 29, 2015
Just saw the price of Jardine Cycle and Carriage continuing its fall today, dropping to as low as $33.03, as well as the STI,(read: Does the recent drop in the STI represent a good buying oppourtunity?) which . Despite the rights issue that it just had (1 right at $26 for 9 shares), it may be a good buy now as the price has fallen quite a far bit in recent weeks. (Image source: http://sgforums.com/forums/4148/topics/448537) Jardine Cycle and Carriage currently has a P/E ratio of 11.31, which is going to increase after the rights have been issued and exercised. However, it also pays out good dividends, which can make it a good dividend stock to hold. It paid out 135 cents in dividends for 2014 and 152.2 in 2013, which is a dividend yield of 3.67% and 4.14% (adjusted for the split) at a price of $33.10......
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By Some Ideas on Investing in Singapore
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