Rate Of Return
OCBC Bank Return RateiFAST Corp: Record Profit, S$987.75M Net Cash, So Why Does the Dividend Stay Small? | EP1663🦖
iFAST is sitting on roughly S$1 billion of net cash, yet the trailing yield is stuck around 1.3 percent. That is not a typo, it is the structural outcome of running a digital bank on top of a wealth platform. The same banking engine that makes the business look bulletproof on paper is the reason so little of that profit is actually landing in your pocket as cash.
Before you chase the S$12.20 institutional target, I want you to be very clear what kind of return you are really signing up for.
$IFAST(AIY.SG)
📺 YouTube: https://youtu.be/NDqkD01VsJA
📩 Substack: https://investingiguana.com/p/ifast-corp-record-profit-s98775m
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
