Amtek: Thomson Starmine notes the stock offers the highest dividend yield (7.4%) among 32 stocks in Singapore’s industrials sector tracked by at least three analysts.
StarMine estimates the company’s forward 12-month dividend cover at 3.3. Dividend cover is a measure of a company's ability to pay its expected dividends out of estimated cash flow.
Amtek’s free cash flow at the end of Dec 2011 was twice its net income of $8m. Earnings backed by strong cash flows tend to be more sustainable than non-cash earnings.
Amtek also has an Earnings Quality score of 85. A high score on StarMine's Earnings Quality model signals strong earnings sustainability over the next 12 months based on the company's past operating performance.
3 out of 5 analysts have a Buy rating on the stock while two have a Hold.
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