Friday, 28 October 2016

Dividends still don't lie - look at this case study

SAKAE HOLDINGS LTD.DIVIDEND04 Jun 201508 Jun 201519 Jun 2015SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND15 Sep 201417 Sep 201424 Sep 2014SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 201409 Jun 201420 Jun 2014SGD 0.015 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND13 Sep 201317 Sep 201324 Sep 2013SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND06 Jun 201310 Jun 201321 Jun 2013SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND04 Sep 201206 Sep 201220 Sep 2012SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND06 Jun 201208 Jun 201221 Jun 2012SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND03 Jun 201107 Jun 201121 Jun 2011SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND01 Sep 201003 Sep 201020 Sep 2010SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND07 Jun 201009 Jun 201023 Jun 2010SGD 0.005 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200809 Jun 200823 Jun 2008SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND19 Apr 200723 Apr 200708 May 2007SGD 0.01 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND19 Apr 200723 Apr 200708 May 2007SGD 0.035 ONE-TIER TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200607 Jun 200621 Jun 2006SGD 0.01 LESS TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200607 Jun 200621 Jun 2006SGD 0.0018 LESS TAXSAKAE HOLDINGS LTD.DIVIDEND05 Jun 200607 Jun 200621 Jun 2006SGD 0.0042 ONE-TIER TAXSAKAE HOLDINGS LTD.BONUS17 Mar 200621 Mar 2006OFFER OF 1 FOR 5SAKAE HOLDINGS LTD.DIVIDEND03 Jun 200507 Jun 200521 Jun 2005SGD 0.01 LESS TAXSAKAE HOLDINGS LTD.DIVIDEND03 Jun 200407 Jun 200421 Jun 2004SGD 0.01 LESS TAX


Bonus issue. No rights issue. Sounds good. Looks like a lot of dividends. Looks good too.

Wait a min.

Dividends increased to 2c in 2014. Then cut to 1c in 2015. This represents a cut of 50%. This would mean exit from the counter totally, according to my SOP.

Now take a look at the share chart.

Lo and behold.  After 2015, share price took a dive. So DIVIDENDS STILL DON'T LIE


Next post, will analyse tat hong dividend, another interesting company.

will update my portfolio every quarterly, since its quite boring... :)



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2 comments:

  1. Anonymous30 November 2018 at 21:48

    Hi Paul,
    Would you mind to share with me your dividend investing SOP?
    Cheers!

    ReplyDelete
  2. cookie2 December 2018 at 21:14

    dividend sop
    need to look at the dividend history carefully, even more so for smaller cap.
    in sakae example,
    cut dividend, skipped dividend must pay careful attention.
    no one size fit all but of u have been following me,
    i prefer companies with long standing dividend record, and those which can increase dividend over time.
    get a dozen or two of these and start building ur foundation.

    ReplyDelete

hello

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