$Sheng Siong(OV8.SI)$ , 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! đđđđđđđđđđ°đ°đ°
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