koolgal
2024-09-11

๐ŸŒŸ๐ŸŒŸ๐ŸŒŸI am one of the most loyal shareholders of $Sheng Siong(OV8.SI)$  having held it for 1399 days!  That is 3.8 years and the start of my incredible investing journey with Tiger Brokers. 

 I love Sheng Siong as it is synonymous with value for money and the 3rd largest chain of supermarkets in Singapore.  Consumer Staples is one sector that is most resilient in all economic cycles. I not only shop in Sheng Siong, I am also a shareholder too!  The best part is the nice juicy dividends of 4.27% paid twice a year.   

Go Long Go Strong Go Sheng Siong! ๐Ÿš€๐Ÿš€๐Ÿš€๐ŸŒ›๐ŸŒ›๐ŸŒ›๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ

@TigerEvents  @TigerStars  @Tiger_SG  @Tiger_comments  

Which S-REITs Bring You the Most Profit?
Fed is set to cut interest rates in September. In a low-interest-rate environment, the return on fixed-income assets declines, making REITs more attractive. Higher Yield: The average dividend yield for S-REITs is 7.1%, significantly higher than the yield on Singapore government bonds. Regular Income: S-REITs usually distribute dividends quarterly or semi-annually, providing investors with a steady cash flow. Tax Benefits: REITs that invest in Singapore real estate can enjoy tax transparency by distributing at least 90% of their taxable income to unit holders, thereby avoiding double taxation
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.

Comments

  • Barcode
    2024-09-11
    Barcode
    ๐Ÿ†๐Ÿฅ‡Loyalty beyond compare! Awesome @koolgal ๐ŸŒŸ๐ŸŒŸ๐ŸŒŸ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ Love your loyalty, love your insights, love your work! Thank you for sharing! Cheers BC ๐Ÿ€
    • koolgal:ย 
      I love your awesome insights which have been such a great help to me too. ๐ŸŒˆ๐ŸŒˆ๐ŸŒˆ
    • koolgal:ย 
      It is great to have loyal friends like you who support each other.
    • koolgal:ย 
      Thanks BC for your wonderful support and encouragement ๐Ÿ˜๐Ÿ˜๐Ÿ˜
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