Singapore Stock Market News
SPH - Falling Dividends
StockFanatic
Publish date: Wed, 14 Oct 2015, 12:03 PM
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• Core earnings in line
• Final and special DPS was lower at 13 Scts, with full year DPS at 20 Scts vs 21 Scts last year
• Slower economic growth a dampener to ad spend, earnings and DPS expectations
• Maintain FULLY VALUED and S$3.51 TP
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