In my past few months screening for dividend stocks using Stocks Café, Haw Par Corporation Limited has always appeared in the list, providing a dividend yield of 8.104%. I have always known Haw Par as a multinational company and I co-relate Haw Par with the iconic Tiger Balm brand. Is this a dividend yield stock or 8.104% dividend yield is too good to be true?
I decided to do further research to check this out.
Business OverviewThe best place to find out what the business for Haw Par Corporation Limited is about is to check out the company’s website. Haw Par Corporation Limited is a Singapore grown multinational group that was listed on the Singapore Stock Exchange since 1969. They have businesses in Healthcare, Leisure, Property and Investments.
Based on Haw Par’s 2018 Annual Report, we can see that the bulk of its revenue comes from Healthcare and
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