Shares & Derivatives
Stock Analysis – Nam Lee (FY2015) – Dividends Increase
By Valuestocks.sg  •  December 30, 2015
Nam Lee's latest full year's results came with a pleasant surprise in the form of a dividend increase. Compared to previous year, Nam Lee is dishing out an additional 1 cent special dividend. Based on last close price (32.5 cents), this works out to be 7.7% dividend yield. The dividend increase is supported by an increase in reported profits. I attach the profit statement screenshot. For us shareholders, profits increased from $7.0 million to $12.9 million. That translates to 5.357 cents per share for FY2015. So for every $1 earned profits, Nam Lee is paying out 47 cents to shareholders   Take in the Good with the Bad (Uncertainty) Start with the Good. The profit and loss statement is pretty clean and high quality, with no significant ......
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By Valuestocks.sg
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