Haw Par Corporation

[BlueKelah]

Haw Par has only recently hiked its payout to 20 cents bi-annually, the last bumper dividend payout was due to its 50th anniversary.

Dont expect too much from a conglomerate of UOB's to pay good dividends. It applies to other sister companies.

The web of UOB holdings is a good example of why investor aversion to Singapore stocks is high, many and many times investing here is not to retailer's favour. MAS/SIAS/SGX can right things by forcing companies such as Haw Par to adopt more shareholder friendly measures but it will be to the ire of the rich ppl in Singapore. It could force the unwinding of the complex of cross shareholdings by UOB

well could the bumper payout have been inevitable whether 50th anniversary or not? did they also have a big cash hoard back then?

So you reckon due to all the complicated cross holdings just own UOB bank stocks direct then? there has been some good steady dividend growth and capital appreciation past decade for UOB share itself actually.