It's almost the end of 2012 and today I received the taxable 2.75cents Glomac dividend. It just reported its 2nd quarter earnings which is slightly higher than previous year's 2nd quarter. Since the ex-date of the dividend, the share price of Glomac has dropped a few cents but overall is stable. This stock is definitely good for dividend hunters that are looking for yield higher than Fixed Deposit. Otherwise, one really needs a lot of patience if one is expecting capital gain.
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