Finally it happens. I bought Starhub after it lost the English Premier League broadcast rights to SingTel.  The steady flow of 20 cents dividends a year or 5 cents a quarter finally comes to an end. Starhub announced after Friday market close that the company will be paying 4 cents a quarter or 16 cents for financial year 2017. Starhub was a good dividend master all these year.  It is one of my core holdings and accounted for more than 20% in my portfolio in my earlier days. I have gradually reduced my exposure to Starhub over the years and it is now just above 8% in my portfolio.  This 20% dividend cut means about 2% reduction in my dividend harvest.  Painful but still tolerable for a 5+% yield. I am expecting a selldown of Starhub shares when the market opens on Monday.  Perhaps I should sell some Starhub too?   ...