I like to post SG πΈπ¬ stocks because it gives dividends π° no tax deductions on dividend [Eye]
today surprised to see $SINGAPORE EXCHANGE LIMITED(S68.SI)$
β SGX S68 however the price steadily up, see the fine blue like steady up in the long term. Dividend yield 3.59% slightly higher than STI ETF 3.4% and Nikko STI 3.13%
β SGX stock price for the last 180 days is underperform STI ETF/Nikko performance.
i started to accumulate STI ETF at $3.34 and Nikko STI at $3.36 i know the dividend is very low far beyond my target π― 8% DY for 2023 but if the stock price is growing/defensive, worth to try (Just my thinking). The two almost similar performance. If In future dip alot I will add again. it is like ETF Singapore version π
SGX i will consider to keep for long term only but must ensure the entry price is low sideand due diligence.
Today market is red, time to shop or watch ? π wish us the best, not investment advice.
Nikko STI ETF next ex date 3 Jan 2023 $0.0636
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