This money goes directly into your bank account and acts as a passive income stream that can sustain you through yourConsistency involves studying the business’s history and its historical dividend payments to determine if they are dependable.
The group offers services such as real estate brokerage, training, property management and consultancy.property cooling measuresRevenue increased by 7.5% year on year to S$1.03 billion while net profit inched up 0.3% year on year to S$65.4 million. What’s more, PropNex has also announced a 1-for-1 bonus issue to broaden the group’s shareholder base.
For its fiscal 2022 ending 31 March 2022, Old Chang Kee paid out a total dividend of S$0.02, higher than the S$0.015 paid out in FY2021. With the slight increase in the dividend for FY2022, it seems Old Chang Kee may be on track to slowly restore its dividend over time.But if government grants and job support are excluded, the group would have reported a net profit of S$2.5 million against a small net loss of S$58,000 in 1H FY2022.Micro-Mechanics, or MMH, designs and manufactures high-precision tools and parts used in the wafer fabrication and assembly processes within the semiconductor industry.
The group was able to maintain its dividend despite 2022’s net profit plunging by 68.2% year on year to S$4.8 million.
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