Pan-United (SGX:P52) Has Announced A Dividend Of SGD0.01

The board of Pan-United Corporation Ltd (SGX:P52) has announced that it will pay a dividend of SGD0.01 per share on the 5th of September. Despite this raise, the dividend yield of 2.7% is only a modest boost to shareholder returns. While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Pan-United's stock price has increased by 55% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Pan-United's Future Dividend Projections Appear Well Covered By Earnings If it is predictable over a long period, even low dividend yields can be attractive. Based on the last dividend, Pan-United is earning enough to cover the payment, but then it makes up 102% of cash flows. This signals that the company is more focused on returning cash flow to shareholders, but it could mean that the dividend is exposed to cuts in the future. Over the next year, EPS is forecast to expand by 69.3%. Assuming the dividend continues along recent trends, we think the payout ratio could be 29% by next year, which is in a pretty sustainable range. SGX:P52 Historic Dividend August 16th 2025 View our latest analysis for Pan-United Dividend Volatility The company has a long dividend track record, but it doesn't look great with cuts in the past. The dividend has gone from an annual total of SGD0.0425 in 2015 to the most recent total annual payment of SGD0.03. The dividend has shrunk at around 3.4% a year during that period. Declining dividends isn't generally what we look for as they can indicate that the company is running into some challenges. The Dividend Looks Likely To Grow With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. We are encouraged to see that Pan-United has grown earnings per share at 30% per year over the past five years. The company doesn't have any problems growing, despite returning a lot of capital to shareholders, which is a very nice combination for a dividend stock to have. In Summary Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. With cash flows lacking, it is difficult to see how the company can sustain a dividend payment. We don't think Pan-United is a great stock to add to your portfolio if income is your focus. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Taking the debate a bit further, we've identified 1 warning sign for Pan-United that investors need to be conscious of moving forward. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers.