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Attractive stocks have exceptional fundamentals. In the case of Dah Chong Hong Holdings Limited (HKG:1828), there's is a notable dividend payer that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digging a bit deeper into my commentary, take a look at the report on Dah Chong Hong Holdings here.
Excellent balance sheet established dividend payer
1828's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that 1828 manages its cash and cost levels well, which is an important determinant of the company’s health. 1828 seems to have put its debt to good use, generating operating cash levels of 0.23x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
1828’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 7.2%.
For Dah Chong Hong Holdings, I've put together three relevant aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for 1828’s future growth? Take a look at our free research report of analyst consensus for 1828’s outlook.
- Historical Performance: What has 1828's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1828? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.