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IPO iPeople - a dividend play


Jomar LACSON

Title : IPO iPeople - a dividend play
Posted : 06/27/2011 04:07:08 PM
Did you know that this company pays out 40% of its net profit every year? The indicative yield for this stock is around 5% - not bad in a rather dull market. What makes it safe is that the cashflows from the its key subsidiary, Malayan University (Mapua to the old timers) are relatively strong and stable. The main drag to the stock, however, is that it is very illiquid.

 

 
 
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