Divident yield on STI Exchange Traded Fund

Dear Mr. Tan,
Does the STI Exchange Traded Fund pay out a dividend? Is the dividend yield good?

REPLY

My stockbroker has confirmed that the STI ETF gives a dividend every six months. The total dividend for the past year is 10 cents, representing about a 3% yield on the current share price of $3.20.

Apart from the dividend yield, you should be able to enjoy an appreciation in the share price, as it tracks the STI index.