$SIA (C6L.SG)$ : Just sharing some strategy trading. I may b...
As long as SIA don't stop paying dividends, it's ok to come down further, so that one can continue to accumulate cheap stock with high dividend payout.
Currently SIA value is $6.24, and the whole year dividends for 2023 is $0.38. That work out to be ($380/$6240 x 100%) = 6% return per annum. Which is higher than SSB, FD and CPF of 4%.
And if SIA dividends is $1, then it's share value has to be $15, to be 6.66% return per annum. ($1000/$15,000 x 100%) = 6.66%. Maybe by 2030.
On top of the low SIA price currently, one can do compounding strategy by adding cheap SIA shares using the dividends earned to buy cheap SIA shares. If $5.75, better still.
And if SIA is too high, it's not worth buying and the compounding strategy will be slower. However, you get to enjoy it's capital gain. So whether the price goes up or down, its a win win situation.
Currently SIA value is $6.24, and the whole year dividends for 2023 is $0.38. That work out to be ($380/$6240 x 100%) = 6% return per annum. Which is higher than SSB, FD and CPF of 4%.
And if SIA dividends is $1, then it's share value has to be $15, to be 6.66% return per annum. ($1000/$15,000 x 100%) = 6.66%. Maybe by 2030.
On top of the low SIA price currently, one can do compounding strategy by adding cheap SIA shares using the dividends earned to buy cheap SIA shares. If $5.75, better still.
And if SIA is too high, it's not worth buying and the compounding strategy will be slower. However, you get to enjoy it's capital gain. So whether the price goes up or down, its a win win situation.
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friend688 : When is the dividend date?