Asian Pay Television Trust (APTT) Dividend Yield Cut from 20% to 3.8% (Guest Post)
This post, Asian Pay Television Trust (APTT) Dividend Yield Cut from 20% to 3.8% was originally posted here. The writer is a veteran community member on InvestingNote, with username known as Kyith.
I always had one eye on Asian Pay Television Trust (APTT).
So did some of my friends. It is the ultimate Financial Independence Porn Stock.
Why is this so?
To find out how much you need for financial security, or financial independence or retirement, you can read my article here to determine your number.
From the article we get the following formula:
Wealth Required for FS/FI/RET= Annual Expense/Rate of Return of Your Wealth Machine(s) to Generate Cash Flows for FS/FI/RET
APTT pays a quarterly dividend and the last guided dividend was $0.01625. Annualized the dividend is $0.065.
The price chart above shows the current share price to be at $0.315. …