Guocoland declared 7c DPS and is AK selling?

Reader:
Guocoland declared a 7cts dividend. The share price also up a lot since I followed your call in Mar. Are you keeping your investment for dividend or selling? I am sure you know a famos investment blogger sold all his shares in Guocoland already...

AK:
1. AK does not issue BUY, SELL or HOLD calls. AK is just talking to himself here in ASSI.

2. Whether AK is keeping for dividend or selling his investment should have no bearing on your decision to keep or to sell or, indeed, to buy more. Ask yourself why did you invest in Guocoland in the first instance?

3. Similarly, the fact that another blogger has sold his investment in Guocoland should not mean that you should sell too. He probably had a plan. What is yours?





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I believe that Guocoland will have the ability to pay better dividends as its flagship property in Singapore, Tanjong Pagar Centre, matures.

The fact that Guocoland has declared a DPS of 7c which is higher than the year before shows their willingness to reward shareholders better in tandem with a growing ability to do so.

To an investor for income, the ability and the willingness of a business entity to pay meaningful dividends is a key consideration in the decision making process.

Why did I invest in Guocoland at the price which I did earlier in March this year? Please see related post below.

Related post:
Invested in Guocoland.