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Results should be released soon. I am interested in the dividend payout. The management has had a good track record.
(Vested)
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I'm vested too.
Quite late result still not out...
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I am surprised that SGX my gateway economic calendar did not forecast hotung results next week too.
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27-02-2013, 05:30 PM
(This post was last modified: 27-02-2013, 05:33 PM by Share Investor.)
Results announced. NT$0.31 dividend. Translate to about S$0.013.
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Woohoo 7.8% yield based on last done price!
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How does Hotung end up with so much cash when they are distributing most of the profit? Is this generous dividend policy a recent year trend?
Btw, anyone know if Third Avenue still has any stake in Hotung?
Thanks.