Shares & Derivatives
Will you buy this blue-chip stock with 9.92% dividends yields?
By Singapore Stocks Investing (SSI)  •  May 25, 2016
I applied for Hutchinson Ports Holdings trust when the trust went IPO in year 2011 for 2,000 shares and I was allotted the full 2,000 shares. Paying $2,588 for the 2,000 shares, my average cost per share worked out to $1.294 (which was US $1.03 then), not counting the $2 transaction fee for the application of the IPO via ATM.Since the IPO, Hutchinson Ports Holdings trust has not traded above its IPO price. However I have been receiving dividends from the trust from my 2,000 shares in the trust as below (the trust’s annual dividends payouts are in March and September): Year 2011 (September): $45.06 Year 2012: $152.67 Year 2013: $148.89 Year 2014: $133.06 Year 2015: $137.13 Year 2016 (March): $66.15 Totalling the above dividends, I have received a total of $682.96 which works out to be around 26.389% ......
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By Singapore Stocks Investing (SSI)
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