First time kena no interim dividend since Uncle8888 started holding SCI in 2002. Sigh! SCI now dying from double illness - cancerous SML and high blood pressure from Energy!
4.1% yield at investment cost in 2020 - a new record low. KNS!
Sembcorp Ind : 4.1% to 59.8%, Average annual yield is 21%
Uncle8888's Three Little Pigs Yield Stocks for retirement income.
Hope that Big Bad Wolf doesn't come and blow down this straw house - SCI!
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The world is going through major disruptions with advancing technology. Also globalisation and the connected world are removing any moats due to supply/demand imbalance and supply chain inefficiency. Traditional companies that had enjoyed these type of moats over many years, like Sembcorp, ComfortDelGro, Singtel are now feeling the direct impact of the disruptions. Unless they're able to re-invent their business model, they will never be able to deliver the top and bottom line like they used to during the good olden days.
ReplyDeleteNot only re-invent their business but also need to evolve into other businesses through capital recycling. Financially stronger companies can still evolve.
DeleteOuch!
ReplyDeleteI am reading this "NO Dividend was declared" so often nowadays in many company financial results announcement. Cant wait for the pandemic to be over.
However, I am still very thankful for the dividend collected for Jan to Jul 20 amounting to $38,300. And rental income from Jan to Jul 20 amounting to $16,850. Going forward, am expecting more companies to withhold dividends or are unable to pay any dividends.
That's why very thankful for the CPF in times like this.
On positive note; this COVID-19 presents retirees depending on investment income a stress test to revise or re-purpose their sources of retirement income across future market and economic crisis.
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