Power of payouts: A big chunk of the STI has just gone ex-dividend. What’s next?
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At least 10 constituents of the Straits Times Index (STI) went ex-dividend last week, leading to a decline in their share prices. Notably, CapitaLand Investment's shares fell over 5% to S$2.64 after announcing a dividend payout of S$0.12 per share. This trend reflects the impact of dividend payments on stock valuations as companies allocate cash to shareholders.
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