consumer banking business in four countries — Malaysia, Thailand, Indonesia, and Vietnam.
It enjoys a natural monopoly and the group has paid out dividends since 2001 and is one of the few companies on the local bourse that pays outSGX reported a slight year on year dip in net profit to S$219 million for its fiscal 2022 first-halfHigher expenses and lower treasury income due to depressed interest rates were the main contributors.
SGX’s trailing annual dividend stands at S$0.32, and its shares offer a trailing 12-month dividend yield of 3.2%.Q&M Dental owns a total of 98 dental clinics in Singapore and owns the largest network of private dental outlets on the island. In line with the good results, the group declared a fourth interim dividend of S$0.01 per share, bringing the FY2021 dividend to S$0.04.The group intends to open at least 30 dental clinics per year in Singapore and Malaysia in the next decade.
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