Today, I decided to load some counters as the price of the share went down a lot due to the recently correction. I decided to load 7 lots of Global Investment Limited (GIL) at $0.20 ea today. I decided to increase my holdings in GIL as it has good records of giving dividend.
Last year, it has given a total dividend of 3 cents for each share which compute to be around 15% based on the present price of 20 cents. I believe with the economy improving, this will be a good counter to hold for long term due to the potential in capital gain as well as dividend yield.
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