Home Money Making Wilmar to pay 6c DPS as 1H2023 revenue down 10%!

Wilmar to pay 6c DPS as 1H2023 revenue down 10%!

Wilmar to pay 6c DPS as 1H2023 revenue down 10%!


That is like what we see in some Chinese language drama.

“I’ve excellent news and unhealthy information. Which one do you need to hear first?”

Sure, I do know!

Dangerous AK! Dangerous AK!

As typical, I simply zoom in on what issues to me.

Common readers know that AK is just too lazy to do full analyses.

In my protection, I’d say that it’s like placing collectively a jigsaw puzzle.

We don’t have to have each single piece to be in place to see the image.

We simply have to put probably the most very important items of the puzzle collectively.

Within the case of Wilmar, I principally give attention to their working money flows and the capital expenditure or CAPEX.


Wilmar continues to be rising its companies.

Sure, within the plural.

They’ve many companies that are rising and they’re continuously investing in them.

So, if they’ve robust working money stream however use all of the money in CAPEX, there can be nothing left to pay dividends.

See why I have a look at working money stream and CAPEX now?

As a retiree investor for revenue, dividends are very important to me.

In 1H2023, Wilmar generated US$3.19 billion in working money stream whereas CAPEX was US$1.16 billion.

Additionally they used US$142.2 million for the acquisition of subsidiaries, joint ventures and associates.

So, if we do the sums, Wilmar may simply pay a dividend though its revenue lowered 10%.

6c DPS quantities to US$542.6 million.

In spite of everything this, Wilmar continues to be free money stream constructive!

Any investor would like to see this.

As Wilmar is certainly one of my largest investments, I’m trying ahead to the dividend which might be paid on 30 August.

Huat ah!

In case you are curious how a lot my 3Q 2023 passive revenue goes to be, you aren’t alone?

If AK can do it, so are you able to!

P.S. A brand new YouTube video I produced in the present day will go LIVE at 7pm this night. 

You possibly can go to my YouTube channel and set a reminder beneath “Notify Me” if you need to look at the video along with me.  



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