SIA shares fall despite dividend hike and record profit
SIA reported a record full year profit of $2.7 billion.
The company also raised its final dividend to 38 cents.
However, SIA’s shares still fell by 1% today.
We find out what is driving the decline, and if this might be a buying opportunity for SIA’s stock.
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Terra : I think that maybe dividend annouced is too little
Bull Run : Top management pay high bonus to themselves with the name paying to all staffs, this is a missed use of company funds, dig in company's pocket and never considered the company still got high interest loans to payoff