With a tranche of T-bill maturing next Tuesday, I decided to use part of it to increase my position in Frasers Centrepoint Trust and HRnetGroup.
Not going to repeat what I wrote about them recently. Basically, I think the current price provides me a good yield of about 5.6%. Base on what I am seeing, I am quietly confident that they can sustain their dividend. And if the economy brightens up, then they should benefit from it, which might lead to potential capital gain in a few years time.
Why not buy more DBS?
I wanted to! But today Mr Market suddenly jack up its price. So given that I have just recently added, I can afford to wait a while for a better price.
Related Posts
My brief take on FCT 2024Q1 business update
My 5-star dividend machines Venture and HRnetGroup
Triple down on DBS
Referral
These are the referral links for the services and platforms I used. If you would like to use any of them, do sign up my referral links.
Trust Bank (code: 1X9DDP1V, additional $10 Fairprice voucher)
Keppel Electric
FSMOne (code: P0003528)
StocksCafe (code: TFI)