Singtel is well-liked by many investors. However, it has not been a great year investing in Singtel when it is down about 14%. Singtel is my first investment in 2018 and I have been holding it since then and it is not making any returns for me except the 5.6% dividend yield. To be honest, buying Singtel is a mistake because I did not study the industry Singtel is in and why Singtel share price is dropping. There is always a reason why its share price drops. I guess I have paid the price for not doing any substantial research. I am staying cool with Singtel because I think that the 17.5 cents dividend will be sustainable for the next two years.
What is Singtel
We all know the brand Singtel, the largest telco in Singapore with more than 4 million customers or close to 50% market share but Singtel...