From my findings, I’ve learnt that it is not easy to find Small Caps which have paid out consistent dividends to its shareholders over the long-term. This is because Small Caps, typically:
Do not have a solid balance sheet with healthy cash balances Keep cash to fund working capital or to expandHence, if you’ve found Small Caps stocks that have a track record of consistent dividend payouts, they would stand out in the market as they are considered rare jewels.
I’ll share 3 of such “rare jewels” in the sections below.
1. Elk-Desa Resources Bhd (Bursa: 5228)Elk-Desa Resources Bhd (Elk-Desa) have been offering hire purchase financing to purchasers of second-hand vehicles in Malaysia since 2004. Additionally, Elk-Desa had also begun to furniture trading in mid-2015.
Over the past 4 years, Elk-Desa has achieved a CAGR of 12% in its hire purchase loan portfolio. Its net hire purchase receivables increased
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