FY21 earnings forecasts for Singtel, StarHub could fall 9-10% if Covid-19 persists: DBS

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

FY21 earnings forecasts for Singtel, StarHub could fall 9-10% if Covid19 persists: DBS

Singtel, which is trading at a dividend yield of about 5.4 per cent two standard deviations from its 15-year historical average, pays out almost 100 per cent of its free cash flow as dividends to shareholders, he noted.

For earnings resilience, investors can look to telco infrastructure play NetLink NBN Trust, which is trading at around 6 per cent dividend yield.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore stocks amid COVID-19 pandemic: Not realistic to expect stabilisation soon, say analystsSINGAPORE: Singapore stocks, in tandem with the global sell-off, have been in free fall and given a rapidly-evolving COVID-19 pandemic, market ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Singapore stocks amid COVID-19 pandemic: Not realistic to expect stabilisation soon, say analystsSINGAPORE: Singapore stocks, in tandem with the global sell-off, have been in free fall and given a rapidly-evolving COVID-19 pandemic, market ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »