Tuesday, 2 September 2014

Ausnet & Rickmers high dividen yield

I attended ausnet AGM b4, guess what, it is one of the most boring stock in sg. Most young ppl look down on it. All attendees r old retired uncle and aunty. But even if buy its share today, still can yield 6%. I bought after crash in 08 with yield of more than 10%. Cannot underestimate old uncle share haha
 
Take a look at rickmers if dun mind take some risk. Business no good so share price dropped 30% last year and recover very slowly. But they maintain same dividend payout equal to 10% yield. They pay quarterly so can see money come in every 3 month. For ur DD only.

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