Posted by DividendGuy67 > 2024-06-09 22:00 | Report Abuse

After my post, SPTOTO posted a good Mar 2024 (Qtr3) results. TTM EPS improved, which bodes well for upcoming dividends. I think 10 sen is safe, i.e. another 2 sen dividend. At an average buy cost of 1.53, that equals 6.6% dividend yield on cost, which is nice, excluding future price gains. I think the bias is on the upside for future earnings, which will be nice for future dividend growth too. If we have caught the multi-decade bottom, there's nothing much more than we can do as we have bought ourselves a future annuity income stream (via dividends) that should keep growing over time, providing us with alternative passive income stream that is superior than FD or EPF.