Just saw this post. Thanks. Am just as surprised as you about the RTB at 3 years and I would say very high coupon rate (4.875%). Correct me if I am wrong but this rate is much much higher than normal dividend rates being given to stockholders by companies listed in the PSE. Definitely a good investment alternative especially on the speculative side for bond trading. Bond prices are more likely to go up given such a high interest rate.
Following you for more updates.
yeah. @gems.and.cookies being a dividend investor myself i find this surprising as well. and yes usually companies give in the 2-3% dividend range with a few exceptions on some of the big ones (like GLO,TEL, MER). i usually ignore these but stability wise and considering the lackluster performance of some of the companies, this is a good alternative. People may call us crazy but at the end of the day the Government is still the best place to invest since its the bulwark of our national economy.
On the sidenote, dividend paying companies in the PSE have their edge as well, they can increase distributions and thus increase their yields at will and thus increase not only the plain dividend yield but your yield on cost as well. another is that unlike bonds, dividend paying stocks have the advantage of compounding its returns quickly. (e.g. buying shares at a lower price or by buying the shares using the proceeds from the previous dividend yield)
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