From my findings, I 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, for most:
Do not have a solid balance sheet with healthy cash balances. Keep cash to fund working capital or to expand, if they have cash.Hence, if you found yourself a handful of Small Caps that have a track record of consistent dividend payouts, they would stand out in the market for Small Caps as they are rare jewels.
Here, I’ll share 3 of such Rare Jewels in this article. They are as follows:
Stock #1: Elk-Desa Resources Bhd (Bursa: 5228)Elk-Desa Resources Bhd (Elk-Desa) offers hire purchase financing to purchasers of second-hand vehicles in Malaysia since 2004. In addition, Elk-Desa has began to trade furniture in mid-2015.
Over the past 4 years, Elk-Desa has achieved a
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