ST Engineering (S63) has been a part of my dividend portfolio for a while, ever since I picked it up early last year. I have a tendency to re-evaluate my dividend stocks/REITs every year or so - I want to see if I should take profit and park my money somewhere else, or if I should continue having them in my portfolio.
ST Engineering closed at 3.67 on Tuesday, and dividends are upcoming in April. The company, as a whole, did well in 2016. FY16 revenue improved by 6%, from 6.33 billion to 6.68 billion, with the main contribution coming from their Aerospace and Electronics sectors. The Aerospace sector encountered more than S$2 billion worth of new contracts, and their business is well diversified overseas. The Electronics sector the probably provides the most optimism, as Singapore moves towards the dream of a Smart Nation. S$2.33 ......