Read? 3 Reasons Why Keppel Corp is Unsuitable as a Dividend Stock
Patchy track record of dividend payments
A hallmark of a good dividend stock is the consistency of dividend payments.
Unfortunately, Keppel Corporation’s dividend history has been patchy as the conglomerate was badly impacted by the oil and gas bust back in 2014.
Wah. Chun bo???
That why long-term Investing is always personal investing. It is always about you and your long-term annualized return!
One man's investing return is another man's poison!
All investment returns are judged on hindsight after Point X
Ask those senior citizens who are still holding Keppel Corp.
Read? Keppel Corporation Retail Shareholders' Day.
Too bad. This year won't be any on site Keppel Corp Retail Shareholders' Day to check out.
Are Patchy track record of dividend payments necessary BAD?
So bad meh?
7 years of harvest and followed by 7 years of famine!
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Heheh Uncle8888,
ReplyDeleteIt very much depends on the price one gets into a stock & how much one buys at that price.
The psychology is very different for someone who bought $100K worth during 1998 versus someone thinking about buying today.
Even for those who bought 20 years ago, it also depends very much on what is the purpose going forward.
Those who still want to maximise growth will have different objectives from those who are happy with multi-bagger freehold & simply coasting with big daddy as backstop! LOL!
To avoid anchoring and/or endowment biases, it's also good to practice "zero-based investing" i.e. imagine if your entire portfolio got liquidated overnight into 100% cash.
Would you buy back any of your stocks at current prices & foreseeable prospects? ;)
I never really like a stock that has link to 'black gold' (oil). Too volatile for my weak heart. LOL.
ReplyDeleteCurrent keppel CEO and Board may be also thinking the same way. LOL!
Delete