Everyone's Cheering SGX's Record Year. I'm Looking At One Different Number ๐Ÿฆ–

The Investing Iguana
08-13 10:55

Everyone's Cheering SGX's Record Year. I'm Looking At One Different Number ๐Ÿฆ–

๐Ÿ” The Angle

Everyone's celebrating SGX's 52% dividend jump like it's a lottery win. But the real question for your CPF and SRS money was never whether the payout grew, it's whether the price you'd pay clears my 3.2% floor. Record profit of $759.5 million, yes, but the yield on today's price still clears less than your Ordinary Account's 2.5% guarantee.

๐Ÿ’ฐ What It Means For You

At $25.20, the 57ยข total dividend yields about 2.3%, strip out the 12.5ยข one-off top-up and you're closer to 1.8%. That's not a timing issue, it's a structural gap between what SGX pays and what guaranteed alternatives offer. If you bought years ago at a lower entry price, your yield on cost could look healthier, but fresh capital faces this gap head-on. Iggy's Forensic Zone: Zone 5, Red Zone.

๐Ÿ“บ YouTube: https://youtu.be/BH09a35oXHo

๐Ÿ“ฉ Substack: https://investingiguana.com/p/everyones-cheering-sgxs-record-year

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.

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