This will be the 3rd post for the Dividend Series. This stock is requested by a reader.
Having so many steel companies in my portfolio, I have always tried my best to ignore this stock. So now, I guess its time to test Lee Metal Group Ltd against my Enhanced Triple S Scorecard with Dividend Scorecard Portion.
Profile In Short
Established since 2000, Lee Metal Group Ltd is a distributor and fabricator of steel products as well as a recognized international trader of steel and steel related products in the region. The company employs over 200 employees and has presence in Singapore, Thailand, Malaysia, Australia, and Hong Kong.
Based on the Dividend Scorecard Portion (Based on Present Price of $0.285 and the latest 2nd Quarter 2016 financials):
It PASSsss!
This meant that the stock will be able to continue to produce at least 5% of dividend yield for the ......