SATS May 20, 2013
Today Closing Price = $3.20
Dividend Collected = $0.43
Avg Purchase price = $3.15
Dividend collected since 2008 = 10 + 13 +17 + 26 =66ct
Year 2013 = Assume 5 years holding
Value now(inc dividend) = $3.86 ( Gain of 71ct) before brokerage After Brokerage ( Gain of 68ct) estimated.
Total investment gain
Gain = $3400/5 =680/15750 = avg 4.3 % return yearly for pass 5 years
(better than cpf OA rate or any bank rate) [ Include divident & 5ct gain ]
Rational = Although SATS could be breaking 3.5 and stabilise at $4 region, will not want to take risk and decided to take some money off the table first. The current Divident announce is only $0.10 which shy of $0.26 announced last year. Moving forward, this is still a good dividend stock.
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