Hyflux perps continues to pay dividends

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There has been concern among many analysts that Hyflux may have difficulty paying dividends for their perps. This weekend of 27 Oct 2017, Hyflux announced they will be paying S$15M in dividends to their 6% PCS Call 2020 holders on 27 Nov 2017.

http://infopub.sgx.com/FileOpen/Perpetual%20Capital%20Securities%20Distribution%20Payment%20-%2027%20Nov%202017%20final.ashx?App=Announcement&FileID=475685

Will this 6% perp move up in price today?

  • XD : 16 Nov 2017
  • Payable Date : 27 Nov 2017
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