It is good news for the shareholders indeed. Increase is mediocre but every cent counts. Hope that div yield can reach about 20c moving forward in order to bring the div yield to more than abt 3% assuming share price of abt $6.5+. Otherwise it seems slightly disappointing in comparison to current banks interest rate (FD). Nevertheless hope that ST Engineering will continue to grow moving forward in order to improve the EPS. And hence to maintain the PE ratio to less than 30. Cheers and go go go ST Engineering.
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