Nam Lee Pressed Metal Industries Ltd (Nam Lee) released its full year results today. Overall, Nam Lee reported a poorer set of results from prior year. Some highlights: - full year revenues dropped 17% - gross profits dropped 11% - net profits after tax dropped 21% Nam Lee's 2014 diluted earnings per share is 2.917 cents, out of which 1.5 cents dividends have been declared (likely to be paid out some time in March 2015). Net asset per share grew 3% to 49.6 cents (2013: 48.3 cents). Nam Lee closed at 28 cents on Friday 28 November 2014. What do these all mean for the investor? A 1.5 cents dividend represents a yield of 5.4% (1.5 / 28), pretty good. Moreover, the safety of this dividend is sustainable because of two reasons - (1) comfortable dividend payout ratio of 51% which means for ......