CSE Global (SGX:544) Has Affirmed Its Dividend Of SGD0.0125
The board of CSE Global Limited has announced that it will pay a dividend on the 27th of September, with investors receiving SGD0.0125 per share. The dividend yield will be 5.8% based on this payment which is still above the industry average.Impressive dividend yields are good, but this doesn't matter much if the payments can't be sustained. Based on the last payment, CSE Global was quite comfortably earning enough to cover the dividend. This indicates that a lot of the earnings are being reinvested into the business, with the aim of fueling growth.Looking forward, earnings per share is forecast to rise by 42.2% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 50% by next year, which is in a pretty sustainable range.Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of be
