Singapore Exchange (SGX) - FY results is out, Net profit is up 26.5% to 570.9m, Declared interim dividend of 8.5 cents, yearly dividend of 34 cents!
Yield is about 3.55% at 9.59. I think is not bad for the dividend yield of 3.55%. If 10 cents dividend quarterly would certainly boost the price higher!
XD 12 October, pay date 20 October 2023.
I think ths results is good!
Please dyodd.
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Chart wise, bullish mode!
Likely to continue to trend higher!
It has managed to bounce-off from the low of 9.20 and rises up to close well at 9.62, looks rather positive!
Short term wise, I think likely to rise up to retest the recent high of 9.73.
A nice breakout accompany with high volume we may likely see her rising up to test 10.00 and above.
Please dyodd.
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