Starhub

[NTL]

Actually Starhub is a very unique company. If it holds back 2 years of dividend and use it to repay borrowings, it can pump up its dividends by 6% because it no longer has to pay interest expenses and can rewards shareholders more.

If they do that, what will be the share price for those 2 years?

Somehow, I think that everyone who buy into the telcos shares are expected them to pay out generous dividend year in year out. Even Singtel and M1 are pushing up their dividend payout ratios over the past few years.