Skip to main content

Stocks that pay you to wait

What is better than earning a capital gain on an investment? Stocks that pay you to wait for that gain.

SINGTEL is one example of a stock that is currently paying a relatively handsome "waiting fee".


SINGTEL




If you had caught Singtel in early January, you are potentially holding a stock yielding 6.12% on your invested capital based on a $0.175 per share dividend payout.

If you hold the stock for a single dividend cycle, at current share price ($3.15), you would have made about 9% capital gains + 6% yield for a total return of over 15% .

Not bad at all.


KEPPEL CORP




A similar story may be observed with KepCorp.


If you had caught KepCorp in early January, you are potentially holding a stock yielding 4.3% on your invested capital based on a $0.25 per share dividend payout.

If you hold the stock for a single dividend cycle, at current share price ($6.6), you would have made about 13% capital gains + 4.3% yield for a total return of over 17.3%.

Singtel has pledged to maintain the current dividend payout until 2020, whereas Keppel Corp pays out a very sustainable 40-50% of earnings.  

If you are wrong, and the stock price languishes in the current range, then at least you are getting paid to hold the stock, while waiting for improvements to investor sentiment/earnings performance. 

If you are right, then you could potentially reap a double digit return, based on the capital gain and the dividends received.

The above are just examples of utilizing a growth + dividend strategy. Of course, not all companies are suitable for implementing such a strategy.  Ideally, one should shortlist companies with strong balance sheets, free cash flow, and which exhibit potential to grow earnings on a long term basis.

Vested in both companies. DYODD.

Onward to FI!

Comments

  1. Thanks for sharing your advice in this post. Much needed. I will keep these points in my mind during my next investment.

    ReplyDelete

Post a Comment

Popular posts from this blog

As a Dividend Investor - I am having fun staying poor

Recently, there was a self-styled "master" who went around dissing dividend investing, saying things like REITS will chibaboom (his words not mine). Ironically, the master also invested into "growth stocks" like BABA and notably SE before its recent implosion.  Masterstrokes indeed. Dividend/income investors have borne the brunt of "have fun staying poor" taunts since the dawn of time.  Previously from the crypto bros and then from the growth investors. This is nothing new.  Every growth investor likes to talk about Tesla. But where are the ARK ETF investors? Where are the NIO bulls? Where are the BABA fanatics? Even a broken clock is right twice a day.   Good luck to those who retired on a portfolio of "growth stocks", hoping to spend 4% annually on an expected annualized portfolio growth rate of 10%.  Without dividends, one would have no choice but to liquidate part of the portfolio for meeting expenditures.  The damage done might never be reco...

Smoke, mirrors, bungalows and mistresses

People care way too much about a couple of colleagues fucking each other. The only people who should care this much are the aggrieved spouses and the family members who were hurt and embarrassed.  If you are not one of them, then shut the fuck up already. Who cares? The fact that they fucked or are still fucking doesn't affect you in the least bit. So quit the vomit-inducing moralizing.  But do you know what is detrimental to you, the hardworking taxpayer slogging 10-14 hours a day to make ends meet? 1)      That the Government apparently provides a special class of rental properties, one in which only a TINY TINY group of people may afford, in particular, those who can comfortably pay >20k a month in rent. Suffice to say, a real tiny and privileged bunch including people like, say, K Shanmugam and Vivian Balakrishnan. 2)      That the Government is happy to willy-nilly spend close to half a million tax dollars to make these properties "habitab...

FIRE by 2020 has officially failed

Back in 2015, I never thought I would have to work past 2020.   The idea was that I would have accumulated at least 1.7 M by Jan 2021 and would be comfortably returning 110k a year in passive income based on a 6.5% yield.  How laughably naive. The optimism is commendable but misguided.  Covid struck hard.   Several terrible decisions were made. EHT is bankrupt. A 50k write off.  Ouch is right. First REIT is trading around 20% of my cost price. Never again Riady. Never again. Yields have been severely compressed  with "quality" REITS, e.g., MINT, PLife, Ascendas REIT all returning paltry yields of 3-4% or, gasps, less.   With the view of improving portfolio resilience, I made a conscious decision to rebalance my portfolio to go REIT-lite (well, lighter) and increased my holdings in DBS, UOB, OCBC.  The MAS cap on banks' dividends does mean that these companies are returning 3% or less per annum.   Sigh.  All in all, pr...