$Sheng Siong(OV8.SI)$ , my favourite Singapore supermarket stock has just hit a 52 week high today at SGD 1.75! Sheng Siong is the 3rd largest chain of supermarkets in Singapore, synonymous with offering value for money. Sheng Siong also pays a nice steady dividend. The current dividend yield is 3.66%. Sheng Siong goes ex dividend on May 2, with a payout date of May 16.
When the markets are volatile, Sheng Siong is a great defensive staple stock to buy and hold long term, generating a steady source of passive income while waiting for capital growth. Slow and steady wins the race!
Go Long Go Strong Go Sheng Siong! 🚀🚀🚀🌛🌛🌛🌈🌈🌈💰💰💰
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links:
Great article, would you like to share it?