At a share price of SGD$0.182 (correct as of the time of writing), the dividend yield of Duty Free International Limited (SGX: 5SO) is 9.89%.
If you already own this stock, should you just happily pocket the dividends…?
Or is there more to it than meets the eye? Hmm…
I’m always sceptical whenever a company has an unusually high dividend. Curious, I decided to look into the fundamentals of Duty Free International Limited to see if there’re any other factors I should be looking at.
First, let us look at what the company does.
Brief Background Of Duty Free International Limited
Source: Duty Free International
If you’ve ever bought