With share prices slumping, dividend yield rose. I went back and look at the dividend yields of some stocks. The current dividend yields were compiled from Bloomberg using their dividend indicative gross yield figures. I then compare these current yields with the ones taken on 14 December 2015. The latter figures were extracted from SGX’s StockFacts.
|Counter||Current Div Yield (%)*||14.12. 2015 Div Yield (%)||Change (Percentage points)|
|* Bloomberg 4.25 pm 21 Jan 2016|
|Dividend indicated gross yield|
The jump in dividend yield was significant for Keppel Corp, SembCorp Industries and SembCorp Marine. This is because share prices of these counters were hammered.
The average dividend yield of these 14 stocks is now 5.33%. A month ago it was 4.70%. These stocks were known to be providing dividends in the past. Dividends for Keppel Corp, SembCorp Industries and SembCorp Marine could be dicey this round.
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