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Japan Foods Holding Ltd. (5OI.SI) – Is its Dividend Sustainable?
By A Pen Quotes  •  May 7, 2018

To be frank, what initially attracted me to the stock of Japan Foods Holding Ltd. recently, is its dividend yield. As mentioned in my earlier post, Japan Foods’ dividend yield is 4.06% in FY 2017, and it is among the highest in the consumer stocks family (if not the highest). See below.

The company paid out SGD 0.0205 in dividend in FY 2017.

The recent share price of Japan Foods is $0.505. So assuming that the dividend in FY 2018 remains the same as what was distributed out in FY 2017, the dividend yield would be 4.06%. Not too shabby.

The key question then is: Is its Dividend Sustainable?

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As highlighted in its website, under the company’s dividend policy, the Board intends to recommend and distribute not less than 40% of the Group’s audited consolidated

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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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