Starhub's management has alluded to recovery trends in the second half of the year, guiding that dividends for the next six months could potentially exceed the 2.5 Singapore cents paid in the first half. UOBKH forecast dividend per share of 5.5 cents for 2020 and six cents for 2021, based on a 60 per cent dividend payout, which translate to net dividend yields of 4.7 per cent and 5.2 per cent respectively.
They added that the telco had seen"encouraging" take-up of its recently launched 5G pricing package, and that the proliferation of affordable 5G handsets will yield higher 5G adoption. Nevertheless, StarHub has said that opportunities in 5G will come from bundling mobile plans with services beyond connectivity, such as gaming and virtual or augmented reality services.
Source: News Formal (newsformal.com)
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