Singapore Airlines

Came across this piece of news over the radio and newspaper (online/print):

Singapore Air aims to keep S$1/share annual dividend
Click here for full news

I went to Yahoo! Finance and found that SIA's 52-week price range had been S$13.86 - S$20.20

Apply the S$1/share annual dividend: Shares bought at S$13.86 will be yielding 7.22% in dividends and shares bought at S$20.20 will be yielding 4.95%. The median price of S$16.48 yields 6.07%. The last traded price (29Jul2008) of S$15.38 yields 6.50%.

Not bad.

Here is the 1-yr chart for SIA:
Here is the chart of SIA vs STI:
Note that SIA's price is quite corelated with STI.
p.s: SIA is a component stock of Straits Times Index STI; weightage about 4.39%

SIA shares can be purchased in lot of 1,000 shares or 200 shares (SIA 200); Alternatively, smaller investors can acquire SIA shares through Share Builder Plan in monthly fixed investment dollar amount using "drip in money" strategy.

For trading/ account opening inquiries, pls reply to this email waynekohwg@gmail.com for further clarifications.