With WFS under its belt, a supersized Sats aims for S$8 billion in revenue by 2028
SATS will not be a dividend stock for a few years unless explosive growth. Below is extracted from article.
"As for its dividend policy, Seah cautioned that Sats would not return to its pre-Covid policy, under which up to 80 per cent of earnings was paid out to shareholders. Instead, the priority would now be to repay debt, and give out higher dividends only as earnings rise"
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xxBT :
gancheong spider OP xxBT : what I meant was gone are the days of high dividend payouts. SATS used to pay out 80% of its profits which is not gonna happen anytime soon. So there will be dividends, but gonna be tiny.