Belle Corporation dividend yield – Belle Corp Announces 0.06 Cash Dividend
March 18, 2023
Dividends Yield
Belle Corp. announced a 0.06 cash dividend on March 2, 2023. This follows a total dividend payout of 0.12 PHP per share for the past two years. Based on the dividend yields from 2020 to 2022, Belle Corp.’s average dividend yield is 7.89%, making it a good choice for those looking to invest in dividend stocks. The ex-dividend date for BELLE CORPORATION ($PSE:BEL) is March 10, 2023.
Therefore, investors who purchase shares before that date will be eligible for the dividend payout. Investors should consider BELLE CORPORATION as a good choice due to its high dividend yield and consistent dividend payments over the past two years. BELLE CORPORATION is a reliable option for investors looking for a steady source of income from their investments.
Stock Price
The announcement caused BELLE CORPORATION‘s stock to open at PHP1.4 and close at the same price, representing a 3.5% decrease from its prior closing price of PHP1.4. The dividend is expected to be paid out in the third quarter of this year and will bring long-term benefits to BELLE CORPORATION’s shareholders. This announcement is in line with BELLE CORPORATION’s commitment to creating value for its shareholders through a sustainable dividend policy. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Belle Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 5.29k | 1.6k | 29.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Belle Corporation. More…
| Operations | Investing | Financing |
| 2.03k | -140.2 | -2.31k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Belle Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 51.97k | 15.76k | 3.45 |
Key Ratios Snapshot
Some of the financial key ratios for Belle Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -11.8% | -10.1% | 47.9% |
| FCF Margin | ROE | ROA |
| 38.7% | 4.9% | 3.0% |
Analysis
GoodWhale conducted an analysis of BELLE CORPORATION‘s financials, and based on our Star Chart, the company has an impressive health score of 10/10 with regard to its cashflows and debt – indicating that it is capable of sustaining future operations in times of crisis. When it comes to the other key financial metrics, BELLE CORPORATION is strong in liquidity, medium in asset, growth, profitability, and weak in dividend. Based on these results, we classify the company as a ‘rhino’, or a type of company that has achieved moderate revenue or earnings growth. Investors may be interested in such a company if they are looking for the potential of healthy returns. With the security of its strong cashflows and debt management, BELLE CORPORATION has the capacity to weather difficult economic times while still providing investors with relative stability. More…
Peers
Competition within the industry between Belle Corp and its competitors, Victoria Mills Ltd, Brigade Enterprises Ltd, and Amrep Corp is fierce. Each company is vying for the top spot and striving to outdo the other in terms of products, services, and market share. Despite the competition, each company continues to strive for excellence to ultimately provide the best possible experience for customers.
– Victoria Mills Ltd ($BSE:503349)
Victoria Mills Ltd is a major player in the textile industry, manufacturing and distributing products such as apparel and home furnishings. As of 2023, the company has a market cap of 232.99M and a Return on Equity of -2.03%. Market capitalization is a measure of the company’s total value, which can be calculated by multiplying the current share price of the company’s stock by the total number of outstanding shares. A negative ROE indicates that the company is not generating enough profits to cover its equity investments, which could indicate financial mismanagement or a lack of profits form the company’s operations.
– Brigade Enterprises Ltd ($BSE:532929)
Brigade Enterprises Ltd is an Indian real estate and hospitality conglomerate. The company develops residential, commercial and hospitality projects across South India, primarily in Bangalore, Chennai, Hyderabad, Kochi and Mysore. As of 2023, the company had a market capitalization of 107.9B, making it one of the most valuable companies in the Indian real estate sector. Additionally, its Return on Equity (ROE) of 13.23% reflects a strong performance by the company, indicating that it is able to generate a healthy return on shareholder equity.
– Amrep Corp ($NYSE:AXR)
Amrep Corporation is a provider of products and services to the residential and commercial markets, primarily in the United States. The company has a market capitalization of $69.05 million as of 2023, which is an indication of the value investors place on the company. Amrep Corporation also has a strong Return on Equity (ROE) of 13.08%, which reflects the company’s efficient management of its assets and financial resources. This indicates that the company has a high capacity to generate profits from its investments, making it attractive to potential investors.
Summary
BELLE CORPORATION has been a rewarding investment in the past two years, with an average dividend yield of 7.89%. Investors can look forward to a steady increase in their returns due to the 0.12 PHP dividend issued per share each year. Although current market conditions may vary, BELLE CORPORATION appears to be a dependable source of dividends and a sound long-term investment opportunity. By researching the company more thoroughly, investors can make informed decisions about their investments.
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