The solution to these worries? Look for safe-haven stocks where you can park your money and enjoy a good night’s sleep.
RMG reported a good set of earnings for fiscal 2021 , with revenue climbing 27.4% year on year to S$723.8 million. RMG also generated a free cash flow of S$107.3 million, up 46.8% year on year from S$73.1 million last year.of S$0.028 was paid out, slightly higher than the S$0.025 paid out in FY2020. At the same time, distribution per unit has increased at a compound annual growth rate of 3.6% per year over the same period to S$0.015258 for FY2021.The interest coverage ratio remained healthy at 5.7 times and nearly 80% of the REIT’s debt is on fixed rates, thus mitigating against increases in interest rates.
For its fiscal 2022 first half ended 31 December 2021, SGX’s revenue stayed flat year on year at S$522 million.Despite the lower profit, SGX still maintained its S$0.08 per share interim dividend., or SPACs, to liven up trading volumes on the bourse.Sheng Siong is one of the largest supermarket chains in Singapore and operates a total of 65 outlets on the island.
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Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
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