13-07-2012, 04:08 PM
(12-07-2012, 09:36 PM)Temperament Wrote: This stock's dividend yield definitely will be reduced down the years unless we pay for the anticipating coming increase in SMRT's fare.
Management mentioned that the dividend policy of paying at least 60% of profit after tax will still remains. FY11 is about 80% paid as dividend
So have to see if this can still continue for many years