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StarHub cost-cutting brings out the bulls, but are dividends safe?

Its shares jump 4.28% to S$1.95; analysts say dividend payouts could be cut to more sustainable levels

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In addition to its belt-tightening, StarHub watchers will also have an eye on the telco's other critical data points to judge the success of its strategic transformation.

Singapore

STARHUB's swift and decisive cost-cutting plan driven by new chief executive Peter Kaliaropoulos drew the bulls out from hiding on Thursday, pushing the shares up 4.28 per cent to S$1.95 as revenue-growth fears were momentarily put on hold.

The telco had said late on...

sentifi.com

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