The three banks all maintain an indicative dividend yield above 4.0%, currently averaging 4.5%, with DBS distributing dividends on a quarterly basis, and OCBC and UOB distributing dividends on a semi-annual basis.
https://www2.sgx.com/research-education/market-updates/20190820-profit-growth-sustains-dividend-yields-dbs-ocbc-uob?utm_source=MG&utm_medium=EDM&utm_campaign=alwayson&utm_term=260819&utm_content=MarketInsight
OCBC had fallen to a good support area and took the chance to buy around the support of 10.51
At this price, dividends is around 4% and I consider it quite decent.
Trump self-acting again on trade war negotiation to ease market worries. Therefore, I try not to read the news and trade according to what the chart says.
https://www.marketwatch.com/story/trump-says-china-called-twice-to-restart-trade-talks-2019-08-26
Close up, the candle are performing a little higher low.
No comments:
Post a Comment