Tuesday, July 24, 2018 12:20:14 PM
I was just curious to the yield 
The 5 cent dividend for H2/18 equals a 16% yield, or 32% if you regard it as a 6mth dividend (which I for one think is fair since they've given the policy for a cash dividend every 6 months). That seems "to good to be true", so many might stay away just because it is "too high".
Was the dividend declared before or after August 1st 2012? (I struggle to find historical data for the PPS before that date) If the F-share dividend was $3.4 for every F-share, and you got one F-share for every 10 SIAF-share, then that would equal a yield between 48% (using the highest PPS in the last 5 months of 2012) and 85% (using the lowest PPS in the last 5 months of 2012). Even if the actual payment was 4 years delayed, that's quite the ROI - if the dividend was declared in those 5 months that is.
The 5 cent dividend for H2/18 equals a 16% yield, or 32% if you regard it as a 6mth dividend (which I for one think is fair since they've given the policy for a cash dividend every 6 months). That seems "to good to be true", so many might stay away just because it is "too high". Was the dividend declared before or after August 1st 2012? (I struggle to find historical data for the PPS before that date) If the F-share dividend was $3.4 for every F-share, and you got one F-share for every 10 SIAF-share, then that would equal a yield between 48% (using the highest PPS in the last 5 months of 2012) and 85% (using the lowest PPS in the last 5 months of 2012). Even if the actual payment was 4 years delayed, that's quite the ROI - if the dividend was declared in those 5 months that is.
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