- Current Price on 16th Apr 2015 = S$106.40
- Interest = S$6 per share
- Yield = 5.639%
Investment till Callable Date
- Tenure = 3 years
- Total Interest = $18 per share
- Capital Loss = $6.40
- Transaction Cost = $0.532
- Overall Return = $11.07
- Overall Annual Yield = 3.467%
I recently advised my brother to buy Hyflux 6% CPS 10 just before they distribute their interest. He did and has not regretted since the drop in price is less than the dividend he receives. I am glad that he has made his foray into investment although it is a small step.
With the recent distribution, here are the statistics. With an overall annual yield of 3.467%, it looks decent especially when we are looking at a 3 year bond. Better than OCBC 360 which is going to change its regulation soon and we may not be getting 3.05% anymore.
Thus, this becomes increasing an attractive place to park my cash reserves.
With the recent distribution, here are the statistics. With an overall annual yield of 3.467%, it looks decent especially when we are looking at a 3 year bond. Better than OCBC 360 which is going to change its regulation soon and we may not be getting 3.05% anymore.
Thus, this becomes increasing an attractive place to park my cash reserves.
Will Hyflux pay their last dividend in Oct 17 or Apr 18 before the call-date?
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