Corporate News - SPC

Shares of Singapore Petroleum (SPC) rose as much as 3.8 percent to S$6.33 with 377,000 shares traded a dy after the firm said it had doubled its net profit in the fourth-quarter.

Singapore Petroleum Corporation just delivered another good set of earnings. Its been a very fruitful dividend stock for me. Overall, I am getting a yield of 13% on this investment this year. This goes to show that:

  • The business is important
  • The company operation is important
  • The cashflow is important
  • Valuation / Getting the right price is important.
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Source: Investmentmoats

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