dividends

Top Glove reports 51.4% rise in 3Q earnings to $39.7 mil on higher revenue

SINGAPORE (June 19): Rubber glove manufacturer Top Glove Corporation has announced a 51.4% increase in its earnings to RM117.6 million ($39.7 million) for the 3Q18 ended May, compared to RM77.7 million a year ago.

Revenue for the quarter hit a record high of RM1.10 billion in 3Q18, 26.6% higher than revenue of RM869.6 million in the previous year, on the back of increased glove demand.

The group saw strong demand growth particularly from Asia as well as Eastern Europe and Latin America. On a 9-month basis, demand growth from India, China and Vietnam have more than doubled.

A basic guide when investing for yield

SINGAPORE (May 7): Buying a high-yielding stock seems like a pretty good idea when we have heightened market volatility. For starters, companies that pay higher-than-market-average dividends tend to have mature businesses that are more defensive and hence, their share price movements are usually less volatile. Worst comes to worst, one will still get a steady income stream while holding the stock for the longer term.

The recent market correction, ­particularly for mid-small cap stocks on Bursa Malaysia, has certainly made yields more attractive.

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Why companies that cut their dividend can be attractive income investments

(Apr 24): It may seem counterintuitive but companies that have cut their dividends can be good sources of future income.

An important part of income investing is receiving dividends. A dividend is the portion of a company’s profits that is returned to shareholders.

The payment of dividends is an incentive to own shares in stable companies. Often, companies paying attractive dividends will be those that no longer benefit from reinvesting their profits, whereas companies with significant growth opportunities tend to use their profits to grow the business.

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Old Wall Street strategies are now hugely profitable in China

HONG KONG (Apr 18): Stock pickers may have to reconsider the way they think about China.

Dismissed by many as a casino after its wild boom and bust in 2015, the country’s US$7.6 trillion equity market has quietly turned into a place where fundamentals matter. Chinese shares with the most attractive dividends, profit revisions and earnings yields -- metrics used by Wall Street pros for decades -- have trounced the nation’s benchmark index by as much as percentage points over the past three years, according to data compiled by Bloomberg.

Finally, some good news for long-suffering Trendlines investors

SINGAPORE (Dec 8): The Trendlines Group’s announcement at end-October that it will start paying dividends in the next financial year could boost returns for long-suffering shareholders of the medical technology incubator.

Those who bought into the stock at its IPO in November 2015 have seen the value of their investments more than halve since.

Phillip sees Nam Lee as attractive yield play riding on recovering US economy

SINGAPORE (Nov 29): Phillip Capital is maintaining its “buy” on Nam Lee Pressed Metal Industries with a higher target price of 56 cents, saying the designer, manufacturer and supplier of metal products is an attractive yield play.

In a Wednesday report, analyst Richard Leow notes that Nam Lee’s FY17 total dividends of 2 cents met expectations, giving it a yield of 5%.

Leow further forecasting 2.5 cents in dividends for FY18 on stable to positive outlook for Nam Lee.

Expect bigger FY17 dividends from Venture with better 3Q, says RHB

SINGAPORE (Sept 26): RHB Research is maintaining its “buy” call on Venture Corporation on expectations of a sequential improvement in the group’s upcoming 3Q17 results, while lifting its target price estimate to $19.70 from $14.70 previously.

The research house has raised its FY17F-18F PATMI forecasts by 10%, with its latest target price implying a FY18F P/E of 19 times.

3 ways this ETF could be a useful defensive portfolio component

SINGAPORE (Sept 7): Phillip Capital is highlighting ProShares S&P 500 Dividend Aristocrats ETF (NOBL) as a defensive addition to investor portfolios, given recent geopolitical events and global market volatility.

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These 3 trusts have generated the highest yields as SGX newcomers

SINGAPORE (Aug 22): Over the past five years, as many 15 trusts – comprising 10 real estate investment trusts (REITs) and stapled trusts – have listed on the Singapore Exchange (SGX) to make up about one quarter of the combined market capitalisation of listed REITs and stapled trusts in Singapore.

These trusts invest in property assets spanning hotels, shopping centres, office towers, industrial parks as well as high-tech and e-commerce facilities.

There’s no better time than now to buy into US banks. Here’s why

SINGAPORE (June 30): The Bank of Singapore (BoS), a subsidiary of Oversea-Chinese Banking Corporation (OCBC), remains “overweight” on the US financial sector due to the potential de-regulation for US banks as well as their prospects for higher-than-expected rates.

In a fully-valued and sideway market, it continues to advocate for investors to employ a rotation strategy – namely rebalancing out of overvalued sectors like technology, and rotating into undervalued sectors such as US financials.

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