One of the greatest lessons I’ve personally learnt was from Rickmers Maritime. I wrote about it back in 23 November 2014 here, back when Rickmers was trading at around $0.30. Took a detailed look especially into the distribution policy, and found that dividend policy mandates that it can only distribute to the maximum of USD$0.006. … More Learning Point: It Pays To Read The Fine Prints
As I was thinking about ways to increase my dividend yield, Rickmers came into my mind. All along, I knew this company was giving out 10%+ dividend yield, but something always stops me when considering to purchase it. Today, I decided to find out more about this company. Business Overview Rickmers Maritime is a Singapore … More A look into Rickmers Maritime – Is it too late?