Challenger Technologies’ Profile
Challenger Technologies Ltd (SGX:573) is a company that mainly operates in Singapore and engages in retail information technology (IT) products and services. The Company also has two other business segments including electronic signage services and telephonic call centre and data management services.
As I write, Challenger Technologies Ltd is valued at S$177.8 million in market capitalization. In this article, I’ll revisit its fundamentals, bring an update on its latest financial results, and assess its investment potential.
Here are 3 things that you might like about Challenger Technologies Ltd:
#1: Great sustainable dividend history
Even though Challenger does not have an official dividend policy, it has a good dividend history where the payout ratio was maintained under 60% on average, a pretty healthy level for a company to be established as a leader in the industry.
Its latest proposed final dividend of 2.0 cents per share, together with