For the past 5 years, JAYCORP has been quite generous in dividend payouts, with an average dividend payout ratio of 74%.
It recorded strong growth in EPS in 1HFY16. The 6 months earnings have
already exceeded full year earnings achieved in FY14 and FY15.
If we annualise the EPS and assume a dividend payout of 50%, this
translates into DPS of 8.45sen. At current share price of RM1.04, it
offers an attractive dividend yield of 8.1%.
As of Jan-16, it was in a net cash position of RM6.1m.
JAYCORP (7152) - JAYCORP - Potentially a good dividend yield stock?
http://bursastocktalk.blogspot.my/2016/06/jaycorp-potentially-good-dividend-yield.html
