Slightly short of 10% dividend yield for 10 years!
It is just 9.3% p.a for 10 years since 2003
Should be okay. Right?
Moral of the Story:
Patience. 10% p.a. may become fact one day as it is still growing!
DBS is a leading financial services group in Asia, with over 200
branches across 15 markets. The bank's strong capital position, as well
as "AA-" and "Aa1" credit ratings that are among the highest in the
Asia-Pacific region, earned it Global Finance's "Safest Bank in Asia"
accolade for five consecutive years, from 2009 to 2013.
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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