We are going to reveal to you a very safe stock that you can get 6% dividend yield per year!
This stock is none other than VICOM!
Recently our research trainer Haoling bought into Vicom at $6 per share for the following reason.
1. In Singapore, if you are a car owner, you must inspect your car. It dominates the car inspection scene, it’s very stable and it’s making consistent profits every year.
2. It increases payout ratio to 90% this year.
For every dollar it earns, it gives out 90 cents to shareholders as dividend.
3. It is a very cash rich company
It has 9 figures of cash that the company doesn’t utilize, and it intends to give back to its shareholders as dividends. We personally feel vVcom is a safe and stable business that is able to generate cash and provide consistent dividends. Of course, it’s not a buy and sell recommendation. Please do you own homework before investing!
Investment in Singapore for Beginners
If you are looking for investment in Singapore for beginners, and are interested in learning how to make money safely and consistently from the stock market, check out Supercharge Investing Acceleration Program and it’s Skillfuture credit claimable.Chloe Lin, the founder of Invest Travel Play (ITP), was featured on Singapore national papers 联合早报 (Lian He Zao Ba)on 22 Aug 2018, which she actually shared a simple strategy to help readers to start investing safely with just $360!
SIAP is a 2-day workshop that teaches students how to perform fundamental analysis on stocks and ultimately, decided whether to invest in certain stocks. Moreover, SIAP will also be teaching options strategy, a derivative which combines investing and options to increase your return on investment. If you are interested, check out SIAP now. Use “ITPfriends” as a discount code to get it at $535!