30-04-2020, 03:19 PM
(10-10-2019, 04:49 PM)dreamybear Wrote: Will it be a case of déjà vu in the event of a dividend cut, i.e. Starhub's share price sharp correction ?
Shareholders(myself included) may need to monitor the situation closely.
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Singtel may cut dividend for first time in 20 years, says DBS Research
Updated 1 hour ago
SINGAPORE - DBS Equity Research says Singtel may cut its "unsustainable" dividend rate to 13 to 15 cents per share for its next fiscal year starting April 2020 (FY2021) in order to maintain its credit rating, in a report out on Thursday (Oct 10).
Singtel has either maintained or raised its dividend every year for the past two decades. For its last financial year ended March 2019, Singtel paid a total dividend of 17.5 cents per share and said that barring unforeseen circumstances, it expects to maintain this rate for its current fiscal year (FY2020).....
https://www.straitstimes.com/business/co...s-research
If you start to worry about dividend cut, then my gut feel is you have stayed in the party for too long. Time to sell and move to another better company