Wednesday, May 18, 2022

NetLink NBN Trust Increase DPU (Again)

 Read: NetLink NBN Trust posts 1% increase in FY2022 DPU to 5.13 cents

This is one of the most "boring" stock listing in the "boring" SG market.

But I like it.

I always treat this counter as fixed deposit.

If I got spare cash and feel nothing good to buy in the market, I will add some Netlink in my portfolio.

Yes, the 5% yield is not risk free, but looking at the price movement and how they performed during the COVID-19 pandemic, I strongly believed the risk is relative low compared to other counters.

If you are looking for a dividend income counter, you may consider this "boring" counter.

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