Walau wei as highlighted in the table, 13% return. Worth to buy now??? 52 weeks low is 39 cents, now is 40 cents.
Let's dig further:
CITYSPRING INFRASTRUCTURE TR (CITY:Singapore)
CitySpring Infrastructure Trust is a publicly owned infrastructure business trust. The firm makes its investments through acquisitions across the globe. Through its investment manager, it primarily invests in infrastructure sector typically utilities, including facilities for the recycling, treatment, distribution and supply of water, as well as facilities for the generation, transmission, distribution and supply of electricity and gas; transportation and logistics, including toll roads, railways, storage terminals, airports and seaports; and communications, including broadcast transmission infrastructure, satellite systems and terrestrial wire line and wireless networks. CitySpring Infrastructure Trust was incorporated in 2007 and is based in Singapore.
Company website: www.cityspring.com.sg
Snapshot of CITYSPRING INFRASTRUCTURE TR (CITY)
| OPEN $0.40 | PREVIOUS CLOSE $0.40 | |
| DAY HIGH $0.40 | DAY LOW $0.40 | |
| 52 WEEK HIGH 11/10/10 - $0.60 | 52 WEEK LOW 08/22/11 - $0.39 | |
| MARKET CAP 607.6M | AVERAGE VOLUME 10 D 852.8K | |
| EPS TTM $-0.02 | SHARES OUTSTANDING 1.5B | |
| EX-DATE 08/5/11 | P/E TTM -- | |
| DIVIDEND $0.04 | DIVIDEND YIELD 10.15% | |
| K = Thousands M = Millions B = Billions | ||
Source: http://www.asiapacfinance.com/stockpicks/asia-companies-for-retirement
There has been renewed interest recently in dividend stocks, especially among investors who are retiring and seeking stocks with stable dividend payouts. More specifically, those dividend-paying stocks whose fundamental characteristics resemble that of an alternative investment: the Government bond.
One reason for this is that current bond markets have little relative appeal. The Ratio of the 10yr Bond Yield to the Yield on Equities Indexes is still well below average. Could ‘Bond-like’ equities be the ‘safer’ bet for Retirement?
AsiaPacFinance.com picks out 10 Stocks in Asia which are "bond like" in nature:
| Country | Company Name | Est. Dividend Yield |
| Singapore | CITYSPRING INFRASTRUCTURE TR | 13.08% |
| Taiwan | MAKALOT INDUSTRIAL CO LTD | 7.76% |
| New Zealand | WAREHOUSE GROUP LIMITED/THE | 7.14% |
| Singapore | STARHUB LTD | 7.03% |
| Taiwan | POYA CO LTD | 7.00% |
| Australia | METCASH LTD | 6.83% |
| Singapore | SINGAPORE PRESS HOLDINGS LTD | 6.37% |
| Singapore | M1 LTD | 6.29% |
| New Zealand | PROPERTY FOR INDUSTRY LTD | 6.15% |
| Singapore | SINGAPORE POST LTD | 5.93% |