Established in the year 1984, Singapore Press Holdings Ltd (SPH) is the leading media conglomerate in Singapore. It has been a long-time constituent of the Straits Times Index(STI) and is well-known to be a ‘Blue-Chip’ stock which has high dividend payouts to its shareholders.
However, times are changing. There is a major shift in how we now consume content, from traditional media such as newspapers, radios and magazines to social media, mobile and the internet. SPH is mindful of these changes and is in need of a transformation to stay relevant. In this article, I’ll list down 9 key things that you need to know about SPH before you invest. It also includes a brief discussion of SPH’s recent investments towards a sustainable future.
#1: Stock Symbol
Ticker Symbol: SGX: T39
Market Capitalization: S$ 4.05 Billion (18 March 2018)
Share Price: S$ 2.51 (18 March 2018)