To Continue High Dividend Yield?
$MARCO(3514.MY$ has always been a great company for defensive stock. It's revenue remains stable all the times even though during crisis like COVID-19. This company has been so generous to give 20% dividend yield for the past 2 years which are 2022 & 2023. As before 2022, the dividend rate was only 2-4%
The reason behind is due to they started to give back the investors for being so supportive from their accumulated profits over the years. However, the profit pool has reduced dramatiscally after the high dividend payout. So the question is can we still see a 20% dividend rate this year (or nex year) or have to wait another 10 years ![]()
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kachinggg : but seems like stock price struggle to rebounce
kienchun OP kachinggg : In fact, it's still a reasonable stock price, given a little bit more discounts.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
103533722 : Let's take it slow