Ocean Sky International

[sgmystique]

There was a strong buy queue for Ocean Sky at 12.5 cents. The Ocean Sky share price has hardly budged since the market sell-down began. I guess existing holders find the S$0.008 dividend (Announced with the half yearly results) quiet attractive and are prepared to hold on for the longer term. Unless there is some major disaster Ocean Sky should be able to pay out another S$0.008 final dividend making for a very decent dividend yield of 12.8% for FY2011.