Should I Buy SGX Now
$SGX(S68.SG$ For those people buying SGX for dividend, here’s a little math for you - if lets say SGX announce 8 cents dividend per share for the next 3 qtrs, total dividend for the year would be 32 cents per share. if let say you bought the share at 10, your dividend would be around 3.2%. If you buy your share at 12, your dividend would be around 2.6% (slightly lower if you take into considerations, ccmmission and exchange fees). In any case, these rates are still better than your bank interest rates. But if you are buying SGX hoping to buy your car in 2 years time, then I think you may be better looking else where!
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