26-08-2013, 03:13 PM
(26-08-2013, 01:24 PM)specuvestor Wrote: SPH pays about $400m in dividend every year. "Soon" will be based on whether their Operating cashflow excluding disposals can fund this.
One important note on OCF account of SPH, it is after debit off the dividend paid.
E.g. in FY2012, OCF is S$71 mil, after deducted dividend paid of S$386 mil, among other normal deduction.
IMO, dividend payout seems a fixed "expense" of SPH...

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