2018 marks a milestone for my investment in SingPost. It is the 3rd stock after Genting SP and First REIT that I holding for 10 years already.
With a closing price of $0.965 on 16th Nov 2018, it is now in the red with an unrealized loss of 4.96% representing an annualized loss of 0.51% as my holding price is at $1.0093. However, the dividend return for a decade stood at 48.27% and including these dividends, the annualized return is 3.66%. So this highlights the importance of dividend !
10 years ago when I first started investing in SingPost was mainly for its dividend yield, 6.25 cents/share annually or 6.19% yield with reference to my holding price at $1.0093. Then it was considered an "income stock" in my portfolio, that kind of yield probably could only better by ......
