Lian Beng’s FY11 net profit increases 100.7% to S$48.6mil;
proposes dividends of 1.6 cents per share
• Revenue increased 46.7% to S$507.3 million from S$345.7 million in FY10
• Cash and cash equivalents at a healthy S$149.9 million as at 31 May 2011, up 111.7% from S$70.8 million as at 31 May 2010
• Proposed dividends of 1.6 cents per share for FY11 is 100% more than 0.8 cents per share in FY10 and represents a stellar 4.2% dividend yield
• Robust order book of S$839 million to contribute towards top line through FY14
3 High-Yielding Dividend Stocks That Are Trading at Dirt-Cheap Valuations
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1 hour ago
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