Right now Raffles Medical (BSL.SI / RAFG.SI) share price is at SGD$1.390

At this price, Raffles Medical is valued at price-to-book ratio of 2.850 and a trailing distribution yield of 1.439%

With the current valuation, would I invest in it?

Let’s go through it using my 7 steps guide and see how I pick the Best Singapore Dividend Stocks.

Disclaimer: Information should be used for entertainment purpose only. Full disclaimer below.

Raffles Medical (BSL.SI / RAFG.SI) 5 Year Chart

Year 2017 to 2021

As a quick recap, here are the 7 steps I use to pick the best Singapore Dividend Stocks.

  1. Debt to Equity Ratio
  2. Dividend Yield
  3. Dividend payout ratio
  4. EPS Growth Rate
  5. Return of Equity (ROE)
  6. Price-to-Book Ratio
  7. MOAT

Recommended Read: Is dividend investing suitable for young investors?

BUSINESS BACKGROUND

Raffles Medical Group was founded in 1976 and is based in Singapore. It is a leading integrated private healthcare provider primary in Singapore. Raffles Hospital, the flagship of Raffles Medical Group, is a private hospital located