In one of my previous posts, I did a study on the historical dividend growth and dividend payout ratios of the various high dividend yield stocks listed in SGX (read here).
One of the stocks which has stable dividend yield (not really upward trending though), down trending payout ratio and low payout ratio is Singapore Technologies Engineering Ltd.
Its Trailing Annual Dividend Yield as shown in Yahoo Finance is 3.20%. Its total dividend for 2015 is S$0.15 per share. So at its current stock price of S$3.08, the dividend yield is 4.87%. The yield is not sky high but respectable nonetheless.
The company has its fingers in many pies, thus making it a conglomerate. It operates through four segments: Aerospace, Electronics, Land Systems, and Marine.
Among these segments, Aerospace contributes the most revenue and profits (33 % & 43%) followed by Electronics (27% & 31%).
Its latest earnings report does not ......