From $26 it went to $17 in a very short space of time, so just saying this could happen, not that it will surely happen
kaileong
⋅
Hi,
Dividends of $1.32 per share per year was announced before the steep drop in the early Feb due to coronavirus.
At that time, price was $24.50
So If DBS pay $1.32 in dividends, but people only willing to pay $24.50 for it then to get 5.3% yield, then to get the same level of returns based on $0.72 per share, share price must drop to $?????
bC88_LONG
⋅
Kaileong thanks . Question: how you determine the potential Low bottom to be 13.60 ?
kaileong
⋅
@bC88_LONG,
Hi,
Dividends of $1.32 per share per year was announced before the steep drop in the early Feb due to coronavirus.
At that time, price was $24.50
So If DBS pay $1.32 in dividends, but people only willing to pay $24.50 for it then to get 5.3% yield, then to get the same level of returns based on $0.72 per share, share price must drop to $?????