These companies become even more attractive when they report better profits too.Investors who own such companies in their investment portfolios get to enjoy the best of both worlds — steady capital appreciation and a stream of dividends to boot.
Operating profit rose 10% year on year to S$18.7 million while net profit inched up 5% year on year to S$13.9 million.MMH had just paid out an interim dividend of S$0.06 when it released its fiscal 2022’s first-half results, and its trailing 12-month dividend stood at S$0.14.The group remains optimistic about its future with the worldwide semiconductor market projected to increase by 10.4% to US$613.5 billion in 2022.
In its 1Q2022 business update, the group reported a healthy 29.5% year on year jump in revenue to S$889.3 million.Venture Corporation attributed the good showing to broad-based growth across the majority of its domains, underpinned by robust demand from its multiple clients. The increase was due to the strong uptake of AEM’s new-generation tools and equipment, as well as the consolidation of CEI Pte Ltd which wasA total of S$0.076 per share was paid out in dividends for FY2021, giving AEM’s shares a trailing dividend yield of 1.7%.Sheng Siong operates one of the largest supermarket chains in Singapore with 65 outlets across the island.
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