ISOteam - Maybank Research 2025-02-24: Dividend Policy Signals Strong Confidence

• ISOTeam, a major HDB maintenance player, has reinforced its commitment to shareholder value by committing to a minimum of 30% of its core PATMI as dividends annually going forward.
• Previously, the policy was only until FY25 and this latest commitment reflects management’s confidence in its business outlook, which is supported by a strong order book.

More than 50,000 new HDB flats & other initiatives.

• - Read this at SGinvestors.io -
• Other initiatives announced by the government recently include:
  1. by 2030, all HDB estates will have sports and wellness facilities within a 10-minute walk for residents;
  2. - Read this at SGinvestors.io -
  3. the home-improvement programme will commence at some 29,000 flats built in 1997 or earlier.

Renews dividend policy.

• See ISOTeam's dividends.
• ISOTeam has reinforced its commitment to creating value for shareholders by announcing its intention to recommend and distribute dividends of not less than 30% of core PATMI going forward. This reflects ISOTeam’s confidence in its business outlook, supported by a robust order book of S$188.7m as of 11 Feb’25.

Maintenance contractor in ever-growing HDB market.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-03-24 ISOTeam - Confidence Boost As CEO Buys Shares.

Price targets by 2 other brokers at ISOTeam Target Prices.

Listing of research reports at ISOTeam Analyst Reports.

Relevant links:
ISOTeam Share Price History,
ISOTeam Announcements,
ISOTeam Dividend Payout Dates & Corporate Actions,
ISOTeam News