TTJ Holdings

[dydx]

The analyst's forecast, is 3 cents per share of dividend, with higher payout ratio of 50%...

(vested)

Will TTJ forge a new record for FY16?

SINGAPORE (Sept 7): RHB is recommending a “buy” call on steel specialist TTJ Holdings, saying the group is poised to announce record profits and possibly higher dividends in its full-year financials later this month.
...
http://www.theedgemarkets.com.sg/sg/arti...ecord-fy16

Don't forget when TTJ pays out a dividend, it is very much like a decision by Chairman/MD Teo Hock Chwee - who now owns a whopping 84.38% of the company! - on how much he wants to pay himself. Therefore, he can choose to be very generous to himself - like in last FY's case of paying a final dividend of $0.08/share - especially since TTJ has accumulated a lot of cash from past years' profits, and does not need to borrow to pay out a big dividend. Let's hope that Mr Teo has a personal need for a big sum of money, to buy himself a nice GCB, to privatise TTJ, or whatever.