These so called "high dividend" stocks are depends on an exceptional/extraordinary item which occurs only at a single year. I recommend listed stocks' yearly dividend yields should exclude these extraordinary profits in calculation.
For long run stocks investment, I prefer to hold those "good management" stocks with "relatively low P/E ratio" + "relatively high dividend yield" ... even without EO items. e.g. 900.HK.
I expect 900.HK earned @HK$1.05/share for 2018/19 and will pay full year dividends at least @HK$0.46/share.
So, at market price HK$7.88, its updated P/E would be 7.50 only and dividend yield would be >5.84%p.a.
I think it is still "quite good" for long run holding ... for dividends income.
I shall buy it more once I receiving its final dividends, provided its share price is still <HK$8.50 by that time. (Now my stocks account only has HK$ few thousands cash.)
These so called "high dividend" stocks are depends on an exceptional/extraordinary item which occurs only at a single year. I recommend listed stocks' yearly dividend yields should exclude these extraordinary profits in calculation.
回覆刪除For long run stocks investment, I prefer to hold those "good management" stocks with "relatively low P/E ratio" + "relatively high dividend yield" ... even without EO items. e.g. 900.HK.
^_^
P.S. Two weeks later, 900.HK shall announce its 2018/19(y.e.28Feb2019) full year results and declare its final dividends.
刪除I believe its P/E ratio will be lowered than now and its yearly dividend yield will be higher than now.
^_^
P.S. I have 900.HK.
刪除Congratulation first！
回覆刪除Anyway,900 is to late for me.
I expect 900.HK earned @HK$1.05/share for 2018/19 and will pay full year dividends at least @HK$0.46/share.
刪除So, at market price HK$7.88, its updated P/E would be 7.50 only and dividend yield would be >5.84%p.a.
I think it is still "quite good" for long run holding ... for dividends income.
I shall buy it more once I receiving its final dividends, provided its share price is still <HK$8.50 by that time. (Now my stocks account only has HK$ few thousands cash.)
^_^
P.S. 900.HK's historical highest market price was HK$8.50 ... in few years ago.
刪除