Below is an article from guest blogger, Richard who works as a stock analyst and has 3 years of experience in the stock market. He likes to write articles and hope to share his experiences with investors in Singapore If you would like additional SGX Dividend Stocks data, information or screening tools, please visit website http://sg.dividendinvestor.com, a leading source for in-depth research and analysis for stock investments.
SG Web Reviews does not accept any liability whatsoever for any direct, indirect or consequential losses or damages that may arise from the use of information or opinions in this article. The information and opinions in this publication are not to be considered as an offer to sell or buy any of the securities discussed. Opinions expressed are subject to change without notice. Singapore is a well-known country for integrity, reliability, quality, productivity, rule of law, and enforcement of intellectual property rights. These things are crucial in the knowledge economy. The country is also a good place for foreign investments. It is a one-stop agency which facilitates and supports local and foreign investors in both manufacturing and services sectors, as they move up the value chain to achieve higher sustainable returns and seek out new business opportunities. I am sharing a brief description about one of the sgx dividends which is performing well from past five years.
OSIM International Limited is a Singapore-based company which is engaged in marketing, distributing and franchising of healthy lifestyle products. It creates designs, develops and markets well-being lifestyle products through its specialty retail outlets worldwide. The products of the company include message chairs, foot massagers, neck & shoulder massagers, head massagers, fitness equipment, diagnostic equipment, vitamin & supplement and luxury tea.
The company has divided into business into two segments. The first is retail and the second is distribution. The Retail is involved in outlets and counters operated by the Company in selected shopping centers and departmental stores where the products are sold directly to end user customers. The Distribution segment is engaged in products distributed by the Company and franchisees in overseas markets.
The company has various subsidiaries such as OSIM International Trading (Shanghai) Co., Ltd, OSIM (M) Sdn Bhd, OSIM (HK) Company Limited, OSIM (Taiwan) Co, Ltd, ONI Global Pte Ltd (SIM (China) Co, Ltd and OSIM-TWG Tea (North Asia) Pte Ltd. it has a total of approximately 1200 outlets through over 32 countries worldwide.
It was originally established in Singapore in 1980 by Ron Sim as an electrical and household appliance company under the name of R Sim Trading. In the year of 1989 the company registered the name Health Check and Care, and saw a shift in focus in healthy lifestyle products. The period following this saw tremendous growth for the company, and it developed outlets including Malaysia and Indonesia.
In 1993 the company officially launched the OSIM brand name and its distribution network expanded to 60 point-of-sale outlets in Asia. In 2002, the company opened its global business headquarters in Singapore at 65 Uni Avenue 1. The business Headquarters Status (BHQ) was awarded to the company by The Economic Development Board. In the same year the company opened its first concept shop in Shanghai, in the People’s Republic of China.
On 31 January 2013, the company announced that it has proposed a final dividend of SGD 0.01 per ordinary share and a special dividend of SGD 0.01 per ordinary share for financial year ended December 31, 2012. The payment date was April 15, 2012 and the book closure date was April 5, 2013.
On May 7 2013, the company announced an interim cash dividend of one cent per ordinary shares. The dividends were paid on July 3, 2013. On July 30, 2013 OSIM International Ltd announced an interim cash dividend of Two cent per ordinary shares (one tier tax exempt dividend). The dividends will be paid on Oct 2, 2013.
The company’s current market capitalization is 1.42 Billion, EPS is 0.13, P/E ratio is 15.26 and the dividend yield is 2.54% at the annual dividend payout of 0.02.
It is just an information providing article whose aim is to give you the material about the well performing and profitable stocks for making a strong investment portfolio in this year. The company has its operations in a wide point-of sales network with more than 1196 outlets in more than 222 cities across 30 countries in Asia, Oceania, Africa, the Middle East, Europe and North America.
Any other information related to this stock you can always visit the site http://sg.dividendinvestor.com/