I am looking forward to February 2019. Well, not just because of the Lunar New Year but also because I am anticipating the release of the full year results of Fu Corp for FYQ4 2018 and its entire year financial performance towards the end of February 2019. I have previously written on Fu Yu Corp being a dividend superhero. It virtually holds no bank borrowings on its statement of financial position and dishes out approximately 8% dividend yield. The revenue and net profit attributable to shareholders for the last 2 quarters have been shooting up.
I have always wondered over the sustainability of its 8% dividend yield and agreed that the huge cash on hand can no doubt sustain it for a few years. The only long term concern is that I do not see how the high dividend rate can be sustained perpetually if the results were...