Hyflux perps continues to pay dividends

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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