APTT’s 12.5% High Dividend Yield: Check the sustainability of Cash Flow to Payout the Dividend
By Investment Moats  •  December 14, 2015

APTT or Asian Pay Television, used to belong in a Macquarie Infrastructure Trust (MIIF), before they got spun out as APTT. The management is still the same Macquarie folks.

The stock IPOed in May 2013 at a IPO price of  $0.97. It currently trades for $0.645.

When it IPO, the projected yield was 8.5%. Based on the current distribution of $0.08/yr, the dividend yield is 12.5%.

There is a reason I did not add this business trust to my Dividend Stock Tracker, which tracks some of the common better know dividend stocks such as blue chips, REITs and business trust.  I usually wait for 1 year to add them in, and also that I know this stock is not going to be good news largely to investors. So I save you guys some pain.

That is not to say what is on the tracker ...

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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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