Design Studio, one of Singapore’s leading premier furniture manufacturer with core businesses in furniture and interior fittings, announced its full year results recently.
They may not have an extremely popular household brand name that you often hear on the street, but you may want to take notice of this company given its strong earnings and dividend yield and a strong balance sheet with no debt profile.
What has caught the eye for many investors is the management generosity with their dividend policy over the past few years. This financial year was no exception. For the financial year ended 2014, they have once again announced a dividend of 6.5 cents (0.02 Final + 0.04 Special + 0.005 Interim) which translates into a dividend yield of 13.8% with their previous closing price at 47 cents before the announcement was made. The stock price rocketed to a high ......